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Firm in £150m underwater-test deal


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Firm in £150m underwater-test deal

2008-09-03
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A facility in Hampshire has been awarded a £150 million contract by the Ministry of Defence (MoD) to test the underwater equipment of ships.

A facility in Hampshire has been awarded a £150 million contract by the Ministry of Defence (MoD) to test the underwater equipment of ships.

The Maritime Strategic Capabilities Agreement (MSCA), signed by defence technology firm QinetiQ, will secure the firm's maritime facilities at Gosport, including an ocean basin, the largest freshwater tank in Europe, a ship tank used to assess the design of ships, submarines and tidal turbines, and a hyperbaric medicine unit.

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, the Middle East and Australasia, and over 5,500 in North America.

Copyright © The Press Association 2008



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