Forgemasters Wins US Defence Contract
Sheffield Forgemasters (SFIL) has secured export defence contracts worth more than £23m to make castings for US nuclear submarines.
The Sheffield company has confirmed orders for a sequence of castings for the US OHIO submarine replacement programme, which builds on the company's extensive experience of supply to the British defence industry.
Graham Honeyman, chief executive, said: “These orders provide a boost for our operations as we work towards our business turnaround plan. Work has already started on these orders and the first parts will complete in2016 with another tranche of components anticipated to follow in 2017. These are complex components and require detailed modelling and manufacturing to highly specific tolerances.”
Mr Honeyman also hopes the orders will be part of the company's plan to leverage and expand its defence offering to the global defence industry.