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Gloucestershire Business News

Raytheon shares in £1billion Royal Navy contract

A consortium involving Raytheon UK has been awarded a contract worth around £1billion to transform training for the Royal Navy.

The defence technology company, which has a base in Barnwood, is working alongside strategic partner Capita to provide training services to the Royal Navy and Royal Marines.

The consortium also includes Elbit Systems UK, Fujitsu and several smaller British suppliers.

Worth £925million over 12 years - plus inflation - the contract from the Ministry of Defence will modernise the Royal Navy's shore-based training across 16 UK sites.

Raytheon UK chief executive Jeff Lewis said: "We are thrilled with today's award announcement, which will see this partnership transform the Royal Navy's training and learning solutions over the next 12 years.

"We will help the Royal Navy drive transformation and equip them with the latest training technologies to tackle the challenges of the future.

"Our decades of experience in training and focus on technology-enabled transformation will place the Royal Navy at the forefront of a newly modernised armed forces."

He continued: "We are committed to investing in Britain, helping to keep the country secure and creating highly skilled jobs across the country.

"We welcome this opportunity to support the UK Government in equipping Britain's Armed Forces with our best-in-class training solutions."

Rear Admiral Phil Hally, the Royal Navy's director of people and training, said the contract marked a major milestone for the service's transformation.

He said: "It will see the modernisation of the RN training system at scale to deliver the operational capabilities of the future, unlock more opportunities for our people, and get better trained people to the frontline, quicker."

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