BAE Systems Secures UK’s £1.3B Future Maritime Support Project Our Bureau 1314 Portsmouth Naval Base BAE Systems will support the Royal Navy at Portsmouth Naval Base, with the company securing two contracts valued £1.3 billion as part of the UK Ministry of Defence’s (MOD) Future Maritime Support Programme (FMSP) competition. The contracts, worth up to £1.3 billion over five years, will commence on 1 October 2021 following a transition period. BAE Systems will continue to deliver ship asset management, repair and maintenance for the entire Portsmouth flotilla under a £900 million contract. The company will also establish a Joint Venture with KBR - to be called KBS Maritime - to deliver technology-led and data-driven facilities management and dockside services at the base, under a £365 million contract.