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Workers' futures secured by £150m MoD contract
HAMPSHIRE maritime workers were celebrating today after their firm was awarded a £150m contract for the testing of ships' underwater equipment by the Ministry of Defence.
The Maritime Strategic Capabilities Agreement has been signed by defence technology firm QinetiQ.
The deal will secure its facilities at Gosport including an ocean basin, the largest freshwater tank in Europe, and a ship tank used to assess the design of ships, submarines and tidal turbines, as well as a hyperbaric medicine unit.
The agreement also includes a shock test facility at Rosyth in Scotland.
Commercial customers will also be able to access the firm's maritime facilities and expertise thanks to the MSCA.
Graham Love, QinetiQ's chief executive officer, said: ''We are delighted to be able to build further on our existing relationship with the MoD through delivery of these key services and essential facilities.
''Through the MSCA, QinetiQ will continue to deliver critical facilities that help the Royal Navy save lives, time and money.
''In common with the long term partnering agreement, signed in February 2003, we are now able to attract additional commercial business to these facilities, enabling us to drive down UK marine research costs while developing environmentally-friendly technologies in sectors such as tidal power generation.''
QinetiQ is a leading international defence and security technology company with more than 8,000 employees in Europe, Middle East and Australasia and more than 5,500 in North America.
12:13pm Wednesday 3rd September 2008
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CommentPosted by: Captain Pugwash, southampton on 5:37pm Wed 3 Sep 08
The next round of defence cuts for the RN are due. What ships are QinetiQ going to be working on - the Gosport ferry !
The next round of defence cuts for the RN are due. What ships are QinetiQ going to be working on - the Gosport ferry !
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