UK, Indonesia reach $5.24 billion maritime deal
21/11/2025 22:32
Nov 21 (Reuters) - Britain and Indonesia have agreed to a 4 billion pound ($5.24 billion) maritime deal led by defence firm Babcock BAB.L to build vessels for the Southeast Asian country, the British government said on Friday. "The boats will be built in Indonesia using British shipbuilding expertise, which will support 1000 jobs at home in the UK," the UK government said. ($1 = 0.7637 pounds) (Reporting by Bipasha Dey in Bengaluru; Editing by Chris Reese) ((Bipasha.Dey@thomsonreuters.com))