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BAE Systems awarded £1.3B FMSP contracts


BAE Systems awarded £1.3B FMSP contracts
April 5, 2021,
by
Naida Hakirevic
British multinational arms, security, and aerospace company BAE Systems will retain its key role supporting the Royal Navy at Portsmouth Naval Base as it secured two contracts as part of the Ministry of Defence’s (MOD) Future Maritime Support Programme (FMSP) competition.
The contracts, worth up to £1.3 billion ($1.8 million) over five years, will commence on 1 October 2021 following a transition period.
As informed, BAE Systems will continue to deliver ship asset management, repair and maintenance for the entire Portsmouth flotilla under a £900 million contract.
It will also establish a joint venture with KBR to deliver technology-led and data-driven facilities management and dockside services at the base, under a £365 million contract. The joint venture – to be called KBS Maritime – will combine the expertise of KBR wh ....

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