"£1.25bn Navy deal for five frigates seen as "a lifeline" for shipyard"

Description

Cited in Belfast Telegraph article assessing impact of the successful bid of the Babcock-led consortium (including H&W) for MOD order

Subject

"Senior economist Dr Esmond Birnie of Ulster University said: "Going back to the middle of the last century H&W had a long history of constructing naval vesels, but in recent years missed out on being part of hte group which built two aircraft carriers for the Royal Navy.

H&W would provide the fabricated steel for the five ships..."