Wincanton PLC BAE Systems Contract win (4458C)
January 19 2015 - 2:00AM
UK Regulatory
TIDMWIN
RNS Number : 4458C
Wincanton PLC
19 January 2015
For Immediate release 19 January 2015
Wincanton PLC
('Wincanton' or the 'Group')
BAE Systems Contract win
Outsourced logistics and warehousing operations supports global
defence company's world class UK shipbuilding capabilities
Wincanton plc ("Wincanton" or "the Group"), a leading provider
of supply chain solutions in the UK and Ireland has been awarded a
new contract with major defence manufacturer BAE Systems, to
provide full logistics and warehousing services in support of its
UK shipbuilding operations. This includes its programme to deliver
three new River Class Offshore Patrol Vessels for the Royal
Navy.
The long-term agreement, which starts with the outsourcing of
all logistics and warehousing at BAE Systems' sites in Glasgow,
will see Wincanton operating a central warehousing facility,
inbound scheduling and collections and provision of modular
re-useable crates.
These activities will also be supported by Wincanton's nearby
facility in Motherwell, currently supporting the build of the Queen
Elizabeth Class Aircraft Carriers.
Charlie Blakemore, Transformation Director at BAE Systems' Naval
Ships business, said:
"We have an existing relationship with Wincanton through the QE
Class programme. During this programme the company has demonstrated
its ability to add value to complex defence procurement programmes,
making Wincanton the perfect fit to lead our wider logistics
operations. This marks a significant step in our drive to transform
our business, creating a world class UK naval engineering
capability. Wincanton will help us to improve quality and
efficiency in the delivery of complex warships, making our business
more competitive in the long-term."
Eric Born, Wincanton's Chief Executive, said:
"The importance of an efficient shipbuilding industry to both
Scotland and the wider UK cannot be underestimated, and we are
committed and proud to be supporting BAE Systems at such a crucial
time in its history.
"While this announcement underlines our position as the UK's
leading logistics partner to the defence sector, more important is
the wider picture, which is a leaner, more efficient logistics
operation for BAE Systems, enhancing its world-class shipbuilding
capabilities."
ENDS
For further information please contact:
Wincanton plc
Eric Born, Chief Executive 01249 710 000
Adrian Colman, Group Finance Director
Buchanan
Richard Oldworth / Gabriella Clinkard 020 7466 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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