Submarine Rescue System contract

RNS Number : 8515N

Fisher (James) & Sons plc

27 September 2019

 

27 September 2019

James Fisher and Sons plc

James Fisher signs Submarine Rescue System contract

James Fisher and Sons plc (FSJ.L) ("JFS") today announces that its subsidiary JFD has been awarded a multi-million pound contract for the design and build of submarine rescue equipment, including advanced Deep Search and Rescue Vehicles (DSAR), as part of a comprehensive submarine rescue capability being provided to China Shipbuilding & Offshore International Co. Ltd.

JFD provides fast, safe and reliable subsea rescue services, solutions products, engineering services and training to 80 countries and 33 of the world's navies including the Royal Navy, Australian, Indian, Singapore, and South Korean Navies, as well as providing the NATO Submarine Rescue System.

Nick Henry, Chief Executive Officer of JFS, said:

"This contract award underlines JFD's position as market leader in the submarine rescue market, safeguarding the lives of submariners and providing a comprehensive submarine rescue capability to organisations around the world."

Contacts:

James Fisher and Sons plc	Nick Henry	Chief Executive Officer	020 7614 9508
FTI Consulting	Richard Mountain Susanne Yule		0203 727 1374

 

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