It is being reported that Rolls-Royce will build reactors to power the next generation of Britain's nuclear submarines in Derby.
According to The Sunday Telegraph, a £1billion contract for reactors is expected to be announced by the Defence Secretary Philip Hammond next week, as part of Government plans to replace the Vanguard fleet that carries the Trident nuclear deterrent.
Part of the money will be used to fund an 11-year refit of the Rolls-Royce plant at Raynesway in Derby, which will carry out the highly-specialised work. The deal is expected to create 300 jobs and more in the factory's supply chain.
You can read more on this story on the national ITV News website.