B abcock has been named as the preferred bidder for a £1.3bn contract to build a new fleet of cut-price frigates for the Royal Navy.
The contract was awarded today to a consortium led by the aerospace and defence company, which will use its “Arrowhead 140” designs for the five new ships. The decision was first reported by the Telegraph last month.
In addition to securing jobs for the assembly site at Rosyth in Fife, construction work will be spread across the UK up until 2027, with work expected…
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