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Harland & Wolff Group Holdings sign "huge" £1.6bn Ministry of Defence contract

Harland & Wolff Group Holdings sign "huge" £1.6bn Ministry of Defence contract

Harland & Wolff Group Holdings PLC (AIM:HARL) chief executive John Wood speaks to Proactive after announcing the signing of a "huge" new £1.6bn contract with the UK Ministry of Defence. Harland & Wolff, alongside partners BMT and Navantia UK, will manufacture three 216-metre-long vessels which upon completion will be the second longest UK military vessels behind the two Queen Elizabeth-class aircraft carriers.

Wood says that the contract "bring[s] shipbuilding back to Belfast" after more than twenty years and expressed his gratitude to the group's investors.