UK, Indonesia Reach $5.24 Billion Maritime Deal

INDONESIA - LONDON. Britain and Indonesia have agreed to a 4 billion pound ($5.24 billion) maritime deal led by defence firm Babcock 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.