LONDON One of its ships, the HMS Iron Duke, engaged in a dramatic gun battle with an old fishing boat off the coast of South America on Sept. 15. In a statement, officials said they launched the operation after Navy helicopters spotted the fishing boat acting suspiciously in an area known for drug trafficking.
Once on the boat, Navy officials found five-and-a-half tons of cocaine hidden under a concrete floor.
It took them 24-hours to dig out all the drugs.
The cocaine is estimated to have a street value of $384-million.
The Royal Navy did not reveal exactly where the operation took place, citing security reasons.
It's not clear where the drugs were headed.
AP contributed to this report.
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