Rolls-Royce Awarded Long-term Submarine Propulsion Contract

Press Release
Thursday, February 14, 2013
Astute-class Submarine: Computer-generated image credit MOD

The Ministry of Defence (MOD) £800 million contract with Rolls-Royce is for delivery & maintenance of the UK's nuclear submarine propulsion capability.

Under the 10-year contract, which will help sustain around 2,000 jobs across the UK, Rolls-Royce will deliver and maintain the nuclear power source for the Royal Navy’s Astute Class and future Successor deterrent submarines.

Part of the Submarine enterprise performance programme (SEPP), this contract will also help the company to transform its operations to carry out its work at best value for the taxpayer. By consolidating costs into one agreement, MOD and Rolls-Royce expect to make savings of around £200 million over the next decade.

This contract goes a long way towards meeting the government’s commitment to SEPP, as announced in the 2010 Strategic defence and security review, to make at least £900 million of savings by restructuring the UK’s nuclear submarine industry.

Productive negotiations between MOD and Rolls-Royce mean the savings secured by this contract will not lead to any reduction in the required level of output for the submarine programme, which includes the production of the propulsion systems for the Astute and next-generation Successor classes of submarines.

Minister for Defence Equipment, Support and Technology Philip Dunne said:
"This contract provides the company with long-term certainty and stability which will help sustain around 2,000 jobs whilst also providing a better deal for the taxpayer and ensuring our future plans remain affordable. By making sure the submarine industry is aligned to the needs of the MOD we are able to press on with the Astute and Successor submarine programmes safe in the knowledge that the value of our significant investment is being maximised."
 

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

MacGregor Wins Stena RoRo Conversion Job

MacGregor, part of Cargotec, has received a contract from Stena North Sea Ltd. to convert the 29,800gt RoPax ferry Dieppe Seaways to optimize it for its new route

SBI Offshore Negotiating Contract for Rig Builds

SBI Offshore Limited has announced that the Middle East-Chinese consortium, which recently awarded its subsidiary a contract to provide design and engineering services for a jack-up drilling rig,

Brazilian PSVs Get Rolls-Royce Offshore Cranes

Rolls-Royce signed a contract with Detroit Chile SA to supply offshore cranes to nine Platform Supply Vessels (PSVs) presently under construction at Detroit Brasil Ltda.

Marine Propulsion

First N.American Boat Powered by Volvo Penta IPS

Thomas Paine, the new 50-ft. aluminum patrol boat that joined the Massachusetts Environmental Police fleet in July, is the first commercial vessel in North America

WR Launches On-stack Scrubber Emission Monitor

WR Systems (WR), the U.S.-based maritime technology company, is launching a new variant of its laser-based-emissions monitor at the SMM 2014 Fair in Hamburg. Called the Emsys-iS,

CMR Debuts Engine Supervision and Management Software

CMR Group has introduced a new Integrated Alarm Monitoring and Control System (IAMCS) for marine and naval engine applications which it said provides technologically-advanced

Navy

Today in U.S. Naval History: August 27

Today in U.S. Naval History - August 27 1917 - Squadron of minesweepers departs U.S. for service off France 1944 - USS Stingray (SS-186) lands men and supplies on Luzon,

US Aircraft Carrier 'Ike' Leaves Drydock

The aircraft carrier USS Dwight D. Eisenhower (CVN 69) (Ike) has left dry dock and moved from Dry Dock 8 to pier 42/43 at Norfolk Naval Shipyard (NNSY) in Portsmouth, Va.

RN Warship Intercepts Caribean Drug Smugglers

Royal Navy warship HMS Argyll has seized £21 million worth of cocaine after a 12-hour pursuit across the Caribbean, informs the Ministry of Defence. Sailors then

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Offshore Oil Pipelines Salvage Ship Repair Ship Simulators 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: 0.1250 sec (8 req/sec)