An illustration for the design for the Type 26 Global Combat Ship. Image credit: BAE Systems
LONDON, Nov 4 (Reuters) – Britain’s BAE Systems said on Friday it had agreed with the UK government that the manufacturing of eight new anti-submarine warships would start in the summer of 2017, adding that a final contract was still being negotiated.
Europe’s biggest defence contractor said in a statement that the Type 26 programme, the name given to the new combat ships which the government said last year it planned to buy, helped to secure jobs at its shipbuilding facilities in Scotland.
Britain has to date invested 1.9 billion pounds ($2.4 billion) in the new ships but has not yet signed a final manufacturing deal for the fleet of new ships. BAE’s current contracts for design and initial supply chain work runs until June 2017.
According to some estimates, Britain is likely to spend about 8 billion pounds on building the ships, but the final value is not yet known.
“The UK government’s commitment today will secure hundreds of high-skilled shipbuilding jobs on the Clyde for at least two decades and hundreds more in the supply chain across Britain,” said British Defence Minister Michael Fallon, who visited the shipyard in the Scottish city of Glasgow on Friday. ($1 = 0.8007 pounds) (Reporting by Sarah Young; Editing by Gareth Jones)
WASHINGTON, Jan 30 (Reuters) – When Marco Rubio arrives in Latin America this weekend on his first foreign trip as Donald Trump’s secretary of state, he’ll find a region reeling from the new administration’s...
US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the group to lower oil prices.
Vessels in the northern Gulf have received multiple VHF radio challenges, including demands to alter course, the United Kingdom Maritime Trade Operations said on Friday, adding they could be part of an Iranian military exercise.
January 24, 2025
Total Views: 947
Sign Up Now for gCaptain Daily
We’ve got your daily industry news related to the global maritime and offshore industries.
JOIN OUR CREW
Maritime and offshore news trusted by our 109,002 members delivered daily straight to your inbox.
Your Gateway to the Maritime World!
Essential news coupled with the finest maritime content sourced from across the globe.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.