Harland & Wolff Group Holdings plc (AIM: HARL), the UK quoted company focused on strategic infrastructure projects and physical asset lifecycle management.
Is pleased to note the recent announcement by the Secretary of State the Rt Hon Ben Wallace MP at its Appledore shipyard that Team Resolute (a UK based collaboration between Harland & Wolff, BMT and Navantia) has been awarded preferred bidder status on the £1.6bn Fleet Solid Support (“FSS”) contract.
This announcement is a major milestone for Harland & Wolff and demonstrates the substantial progress made in establishing the business as a significant player within UK shipbuilding and wider fabrication projects.
The Company expects to complete negotiations on the FSS contract by Q1 2023, which will provide more precise details on the works to be carried out, key timelines and other factors relevant to the Company’s involvement as part of Team Resolute. Further details will be made available as soon as possible.
This announcement contains inside information.
For further information, please visit www.harland-wolff.com or contact:
Harland & Wolff Group Holdings plc
John Wood, Chief Executive Officer
Seena Shah, Head of Marketing & Communications
+44 (0)20 3900 2122