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 April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Navy

Russian, Azerbaijani Navy to Hold First Ever Joint Drills in Caspian Sea

About 10 Russian and Azerbaijani ships will take part in a joint naval exercise in the Caspian Sea for the first time; RIA Novosti cited the statement of Russia’s Southern Military District.

India-ASEAN Naval Cooperation On

The Indian Navy's indigenous offshore patrol vessel, INS Saryu, will participate in a week-long ASEAN Regional Forum (ARF) Disaster Relief Exercise (DiREx).   According to an official statement,

DMW Marine Takes the Lead in Military Cranes

DMW Marine Group, LLC. has completed a number of projects for the U.S. Navy and foreign Navies in recent years, claiming a place as a go-to supplier for Navy departments globally.

Finance

Fincantieri Invests In Camper & Nicholsons

Fincantieri has signed an agreement for the acquisition of a minority stake via capital injection in Camper & Nicholsons International (Camper & Nicholsons), the

Tsakos Energy Navigation Reports 156% Increase in Q1 Profits

Greece-based Tsakos Energy Navigation Ltd (TEN) has reported first-quarter profit of $37.3 million from $14.6 million in Q1 2014 - a 156% Increase. On a per-share basis it has profit of 42 cents.

Egypt's $3 Bln LNG tender in June

Egypt is reportedly to issue a tender in early June to buy up to $3 billion of liquefied natural gas over 2016 and 2017, Reuters reports.   The country recently

 
 
Maritime Security Maritime Standards Navigation Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | 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: 0.1771 sec (6 req/sec)