MoD and BVT shipbuilding contract guarantees work until 2024

A Ministry of Defence (MoD) contract has guaranteed work for the shipbuilding industry until 2024.

Sign up to our weekly round-up of HR news and guidance

Receive the Personnel Today Direct e-newsletter every Wednesday

Email(Required)

OptOut

From time to time, we will send you emails about selected products, events and services from Personnel Today and OHW+ - but you can choose to opt-out at any time. If you do not wish to receive these emails, please tick this box.

Phone

This field is for validation purposes and should be left unchanged.

Δ

The contract, with BVT Surface Fleet, the maritime joint venture between BAE Systems and VT Group, guarantees an annual minimum level of MoD work for the next 15 years, worth around £240m a year. It is intended to help maintain key shipbuilding skills in the UK.

Minister for defence equipment and support Quentin Davies said: “The guarantee of 15 years’ worth of work is especially pleasing to announce in the current economic climate.”