Ship Support Services, a joint venture between Cape Industrial Services Limited and Pyeroy Limited, has signed a multi-million pound contract to provide access and specialist coatings services for the Royal Navy’s new generation of aircraft carriers.
Cape Industrial Services limited will be providing multi user access services, whilst Pyeroy Limited will undertake blasting, specialist containment and coatings application, to what will be the largest and most powerful warships ever to set sail for the Royal Navy.
The contract has been awarded by BAE Systems Surface Ships Limited and will generate revenues for the joint venture company in excess of £100 million, in which both Cape Industrial Services Limited and Pyeroy Limited have an equal stake.
Preparatory work has already started on the contract, which is expected to last nine years and will create and sustain hundreds of jobs at key naval yards throughout the United Kingdom.
The integration of the vessels will take place at Rosyth in Scotland and significant dock modifications have been completed to accommodate both ships, with the first sections of Ship one expected to arrive in August 2011.
The first ship, HMS Queen Elizabeth is expected to enter service in 2016 with the second, HMS Prince of Wales, following in 2018.
The managing director of Ship Support Services Limited and Pyeroy Group Limited, Hugh Pelham said: “Securing this contract represents the culmination of over two years of planning and detailed contract negotiations, and is fantastic news for Ship Support Services, Pyeroy and Cape.
“Our collective experience in the marine sector is second to none, and we look forward with confidence to working on the largest ships ever constructed by the Royal Navy.”
Martin May, CEO of Cape PLC added: “Cape are delighted to receive this prestigious contract award, and look forward to working closely with our partner in delivering a safe and successful project, supporting the future fleet defence strategy.”
Pyeroy is the UK market leader in the provision of specialist protective coatings within the marine sector, and has extensive experience in undertaking large Royal Navy projects having undertaken in excess of £100m of contracts over the last seven years to a multitude of vessels including the three present aircraft carriers: HMS Ark Royal, HMS Illustrious and HMS Invincible.
Cape are the international market leader in the provision of essential industrial services to the energy, natural resources sectors, whilst having a rich history working within the military marine environment spanning some 35 years.