James Fisher wins £30m Korean navy contract
James Fisher & Sons Plc
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James Fisher and Sons said its subsidiary JFD had won a £30m contract with Daewoo Shipbuilding & Marine Engineering to design, build and deliver a deep search and rescue vehicle for the Korean navy, together with training and in-service support. The vehicle will be delivered in 2021.
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Fisher chief executive Nick Henry said the deal “demonstrates our position of market leadership in the submarine rescue market”.
“The vehicle is a variation of the two third generation vehicles recently delivered to the Indian navy," he said.