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Mr Hammond said: "This contract marks an important step forward in the progress of our attack submarine programme and moves the Royal Navy closer to adding more of these highly-advanced and powerful attack submarines to its fleet.
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Chief Financial Officer Gottlieb, who joined the firm in 1994, says this contract marked a turning point in the company's fortunes for two reasons.
Project director David DeChambeau said the contract marked a milestone in an "amazing project" for "the best customer in the world".
The Welsh Secretary, Cheryl Gillan, said the contract marked the UK government's commitment to long-term planning for the British Army.
The parking meter contract marks the second deal in the last five years between the city and Morgan Stanley.
The contract marked a major boost for the boatyard after several lean years.
This contract once seemed nearly certain to hit the $100 million mark; the Colts had most recently been offering $20 million per year.
This contract might be it.
"This contract provides precisely that".
"We cannot accept this contract".
This contract remains private.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com