Liverpool firm to get share of £111 million government defence funding

Liverpool firm Marine Specialised Technology is one of 6 firms that the Ministry of Defence has singled out for funding and a 5 -year contract to support the Royal Navy.

The six UK companies will benefit from a 5-year contract that will involve support for 1,450 boats used by the Royal Navy, Royal Marines, British Army, and the Ministry of Defence (MOD) Police.

The other firms include: Devonport Royal Dockyard Ltd, based in Bristol and Devonport, UK Docks Tyne Slipway and Engineering Company, based in Tyne and Wear, Berthon Boat Company, based in Lymington, MPI Services (UK) Ltd, based in Portland, and BAE Systems Surface Ships, based in Portsmouth.

The Minister for Defence Equipment, Support and Technology, Philip Dunne, said: “The award of these contracts by the MOD provides the UK’s marine support industry with a steady volume of work, helping to maintain technical and engineering skills in this sector.

“The competition attracted interest from across the marine industry, and is another example of the MOD’s commitment to seek best value for money from the commercial market.”

Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →

Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.