BAE Systems has divested its San Francisco Ship Repair business to US-based ship repair expert Puglia Engineering, in a move to give the shipyard “access to broader markets”.
BAE Systems in the USA will modernise 11 Arleigh Burke (DDG 51) class guided missile destroyers under a contract with the U.S. Navy with a potential value of $365 million.
Today Ian Lucas, Minister for Business issued a call to action to the UK marine industries to collaborate on their common goal of strengthening this sector’s global market position over the next 10 years.
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