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  2. Share Prices
  3. James Fisher and Sons Share Price
  4. James Fisher and Sons Share Regulatory News
  5. £30m Submarine Rescue System contract

Pin to quick picksJames Fisher and Sons Regulatory News (FSJ)

James Fisher and Sons Information

Share Price Information for James Fisher and Sons (FSJ)

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£30m Submarine Rescue System contract

19 Dec 2018 07:00

RNS Number : 8987K
Fisher (James) & Sons plc
19 December 2018
 

 

 

19 December 2018

 

James Fisher and Sons plc

 

James Fisher signs £30m Submarine Rescue System contract

 

James Fisher and Sons plc (FSJ.L) ("JFS") today announces that its subsidiary JFD has been awarded a £30m contract by Daewoo Shipbuilding & Marine Engineering (DSME). The contract is for the design, construction and delivery of a 3rd generation deep search and rescue vehicle for the Korean navy, together with training and in-service support. The vehicle will be delivered in 2021.

 

Nick Henry, Chief Executive Officer of JFS, said:

 

"JFD delivered the first deep search and rescue system to the Korean navy in 2009 and this additional capability further demonstrates our position of market leadership in the submarine rescue market. The vehicle is a variation of the two 3rd generation vehicles recently delivered to the Indian navy."

 

 

Contacts:

 

James Fisher and Sons plc

Nick Henry

Chief Executive Officer

020 7614 9508

FTI Consulting

Richard Mountain

Susanne Yule

 

0203 727 1374

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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