Rod Leggetter News

Govan Shipyard Warned That Future Depends On New Orders

BAE Systems Plc warned that future employment prospects at its Govan shipyard near Glasgow are wholly dependent on new orders being won. The group was announcing completion of the $3.6 million rescue acquisition of Govan from Norway's Kvaerner agreed in July. BAE has agreed a 20 year lease of the land and buildings in a joint deal with port services group Clydeport Plc, which will own the site. "The Govan yard is helping already with an important order and we know from previous co-operative working arrangements the high quality of output," said BAE Group Managing Director, Operations Rod Leggetter. "However, nobody is under any illusions that a critical factor in the shipyard's future is winning new business, in particular the roll-on-roll-off vessels contract for the U.K.