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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

India Buys 4 P-8I Maritime Planes

India has inked a deal with the US defence and aerospace giant Boeing to procure four more Poseidon-8I (P-8I) long-range surveillance and anti-submarine warfare

Technip Bags Woodside's Subsea Contract

Technip has been awarded a large(1) subsea contract by Woodside to support the development of the Greater Enfield Project offshore Western Australia, at a water

LNG-fueled Bulker Ordered from Korea

Hyundai Mipo Dockyard (HMD) has signed a contract to build a 50,000 dwt bulk carrier with ILSHIN LOGISTICS. The project is a collaboration between POSCO and ILSHIN

Marine Propulsion

AkzoNobel Acheives ISO 19030 Compliance

AkzoNobel’s Marine Coatings business has outlined for the first time its full compliance with ISO 19030, the new standard for measuring hull and propeller performance.

LNG-fueled Bulker Ordered from Korea

Hyundai Mipo Dockyard (HMD) has signed a contract to build a 50,000 dwt bulk carrier with ILSHIN LOGISTICS. The project is a collaboration between POSCO and ILSHIN

BMT to Lead Repower for Historic USCG Eagle

BMT Designers & Planners, a subsidiary of BMT Group, an international maritime design, engineering and risk management consultancy, is leading the effort to repower the historic U.

Navy

India Buys 4 P-8I Maritime Planes

India has inked a deal with the US defence and aerospace giant Boeing to procure four more Poseidon-8I (P-8I) long-range surveillance and anti-submarine warfare

This Day In Naval History: July 27

1776 - During the American Revolution, the Continental brig, Reprisal, commanded by Capt. Lambert Wickes, transports the newly appointed commercial and naval agent, William Bingham, to Martinique.

Russia: 6th Yasen-Class Nuclear Sub

Russia's sixth Yasen-class nuclear submarine will be laid down at the Sevmash ship-building company in the city of Severodvinsk on July 29, reports RIA Novosti.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
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: 0.0807 sec (12 req/sec)