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Ministry of Defence naval base deals secure 7,500 UK jobs | |
(35 minutes later) | |
The Ministry of Defence has awarded £3.2bn of contracts to support the management of UK naval bases. | |
It said the deals would secure about 7,500 jobs at Devonport, Faslane and Portsmouth. | |
The money will also be used to maintain and repair the Royal Navy's warships and submarines for the next five years. | |
Defence Secretary Michael Fallon said the investment was the "second biggest defence contract placed by this Government". | |
Babcock, which manages Faslane Naval Base on the Clyde and Devonport Naval Base in Plymouth, was awarded a £2.6bn contract while BAE Systems, which manages the Portsmouth Naval Base, was awarded a £600m contract. | |
Up to 4,000 jobs at Devonport, more than 2,000 at Portsmouth and about 1,500 at Faslane - home to the UK's fleet of Trident nuclear submarines - will be secured. | |
The investment comes after 1,700 shipbuilding jobs were lost last year with the ending of all naval construction at Portsmouth. |