Babcock wins ?1.25bn UK navy frigate order

updated: 12 September 2019 at 8:01am Author: Frank Prenesti

(Sharecast News) - A consortium led by Babcock has been named preferred bidder for a £1.25bn contract to build five Type 31 warships for the UK navy.

Work is due to begin by the end of the year with detailed design work to start now and manufacture commencing in 2021 and concluding in 2027, Babcock said on Thursday.

The ships will be assembled at Babcock's Rosyth facility in Scotland, and involve supply chains throughout the UK, in line with the UK's shipbuilding strategy.

Babcock's Arrowhead 140 design won out over competition from a Cammell Laird/BAE Systems consortium and a third bid led by Atlas Elektronik UK.

The winning consortium also includes Thales, BMT as well as Ferguson Marine, based in Port Glasgow and Harland & Wolff in Belfast - both of which are in administration.