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The company is also planning to recruit 200 additional staff over the next two years.
Speaking to a Stormont committee Mr MacVean said the LMMs were keeping Russian helicopters out of Ukraine and another Thales weapon, the Next generation Light Anti-tank Weapon (the NLAW), had kept Russian tanks out of Kyiv.
Thales began delivering LMMs to Ukraine at the end of 2024 as part of an initial £162m contract for 650 of the missiles. The new order is in addition to that.
The contract has been placed by the MoD’s procurement arm Defence Equipment & Support on behalf of the Ukrainian Government.
It will be funded by a loan underwritten by United Kingdom Export Finance (UKEF) after a deal signed last year to allow Ukraine to draw on £3.5bn worth of support from UKEF to spend with UK industry.
BBC News
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