Rolls-Royce Wins Submarine Support Contract

Monday, December 10, 2001
Rolls-Royce won a second service contract from the Ministry of Defense to ensure the safety and power performance of Royal Navy nuclear submarines, in a deal worth more than $500 million. Under this contract, the company will continue to operate and maintain the Vulcan Naval Reactor Test Establishment site at Dounreay, Scotland, on behalf of the Ministry of Defense, to service and support Royal Navy programs over the next 13 years. This facility tests the operation and performance of the nuclear power plants used to support the UK submarine flotilla. On November 14, Rolls-Royce announced it had won a contract to provide a total powerplant support package, worth about $150 million over the next three years. Saul Lanyado, Rolls-Royce President -- Marine said: "Customer support is an important part of Rolls-Royce strategy, representing 40 percent of Group sales. The company has invested in enhancing its customer service capabilities and this contract is another example of the emphasis we place on continuing support to our customers. "We have in place two long-term agreements which provide Rolls-Royce and the Ministry with a clear vision of how our partnership will develop to ensure the performance and availability of the submarine flotilla." A key element of the Vulcan contract will be confirming the performance and safety of the long-life reactor core, part of the propulsion plant manufactured by Rolls-Royce. This type of core will power the new Astute class of submarines for their full platform life and will also be retrofitted to the Vanguard class. Rolls-Royce has operated the Vulcan site since 1964. The company has designed, supplied and supported all the reactor systems and equipment that powers the Royal Navy's nuclear submarine fleet.
Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Navy

NATO Unconcerned by Russian Warships in English Channel

A squadron of Russian warships entered the English Channel on Friday but a NATO official dismissed a Russian media report that they were there to conduct military exercises.

Japan Military Wants China "Crisis Management" Pact

Japan's highest-ranking military officer on Friday urged an early start to a "crisis management" mechanism with China amid conflicting claims to a group of tiny East China Sea islands.

NAVCENT Commander Recognizes Journey of Hope Sailors

Commander, U.S. Naval Forces Central Command, U.S. 5th Fleet, Combined Maritime Forces, Vice Adm. John. W. Miller, recognized the accomplishments of three special-needs sailors from the Kuwaiti ship,

Finance

Asia VLCC Rates Could Could Climb Even More

Owners see rates climb by nearly $22,000 per day; Rates could peak as more tonnage comes free. Rates for very large crude carriers (VLCCs) on key Asian routes

New Players in Singapore Markets in OW's Absence

The downfall of a leading marine fuel supplier that prompted sellers to tighten credit terms in Singapore is skewing the post-OW Bunker jostle for market share

Asian Airlines Pause Before Hedging on Fuel

Oil fell to four-year low of $72 on Thursday; Airlines hope the price will slip below $70 a barrel. Airlines in Asia-Pacific are holding off from hedging their

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3960 sec (3 req/sec)