Rolls-Royce seals coastguard contract

Rolls-Royce has won a contract to supply 60 water jets for a new fleet of 20 Fast Patrol Vessels for the Indian coastguard.

Water jets enable operation in shallow waters and offer higher speeds and better manoeuvrability than conventional propellers, Rolls said yesterday.

The 50-metre long vessels, which are under construction, will reach speeds of 33 knots and will operate in Indian coastal waters and around island territories.

Shares in Rolls-Royce gained 7.5p to close at 611p.