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BAE Systems secure £270m contract

December 15, 2014 by admin

Having taken a pounding of late Portsmouth’s maritime and boat building industry received some much needed good news today. A 3270m contract to build Royal Navy torpedoes has been secured which will guarantee 100 new jobs.

The 10 year contract will see the Spearfish Heavyweight torpedoes manufactured at the company’s Broad Oak (Hilsea) site. Portsmouth MP Penny Mordaunt told how she thought the announcement is great news for the company, Portsmouth and the surrounding area.

Pic: BAE Systems

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