Today the Prime Minister announced an extra £16.5bn in defence spending – the biggest investment programme in British defence since the end of the Cold War. He set out his vision to position Britain as the “foremost naval power in Europe” and by doing this enabling the “renaissance of British shipbuilding”, in particular noting the two Harland & Wolff shipyards in Belfast and Appledore, respectively, amongst others.

“We very much welcome the Prime Minister’s announcement today to increase defence spending. This builds on yesterday’s Ten Point Plan announcement, much of which will directly benefit InfraStrata, since our group, as it currently stands, spans at least half of the Prime Minister’s ten points.”

“When we acquired both the Belfast and Appledore shipyards, we set out a vision to unlock the potential of these two critical and strategic facilities. The Harland & Wolff Group is determined to making the most of this increased defence budget and commitment to UK naval power. It is clear from today’s announcement that there will be substantial packages of work available, with an additional eight Type 26 and five Type 31 vessels being confirmed in addition to Type 32 and other research vessels”

Harland & Wolff is well in the running for the Fleet Solid Support Warship programme worth circa £1.5bn. Its reclassification as a warship means that the programme has to be led by a British shipyard with a “significant proportion of the build and assembly work to be carried out in the UK”. As a significant stakeholder in Team Resolute, Harland & Wolff, unlike the current duopoly of defence primes, has the capacity and capability to deliver on this programme on time (or ahead of time) and on budget. Whilst we are friendly disruptors, we will continue to work alongside our competitors to secure the best outcome for British shipbuilding and future generations of school and university leavers.

“We saw the commitment this government and this Prime Minister has to reviving proper British shipbuilding when he visited our Appledore shipyard in August. We look forward to working with government on both defence and the Green Industrial Revolution in order to secure the future of our two shipyards, become the centre of excellence for renewable energy fabrication in the UK and build a portfolio of profitable domestic and export oriented contracts.”