23/07/2015

PM Unveils £390m Investment For Wales

Prime Minister David Cameron has announced a £390m contract to support an investment in armoured fighting vehicles.

The news follows an announcement by the Prime Minister on the eve of the NATO Wales Summit last year that the Government would purchase 589 world-class, armoured fighting vehicles for the Armed Forces. The new £390m contract with General Dynamics to support the vehicles, will bring an additional 250 new highly-skilled jobs to the region.

The contract will extend the current in-service support contract for the Scout Specialist Vehicles (SV) to 2024, delivering onshore technical engineering and maintenance from a site in South Wales.

As a result, General Dynamics UK has taken the decision to bring assembly, integration and testing for the vehicles to Wales, where it was previously carried out overseas.

Designed by General Dynamics UK, which is based in Oakdale, South Wales, the new vehicles will give the army enhanced intelligence, surveillance, protection, target acquisition and reconnaissance capabilities. It will also be able to defend itself with a highly effective 40-millimetre cannon.

Prime Minister David Cameron said: "Today's decision by General Dynamics to bring the assembly of these world class armoured vehicles to South Wales is to the credit of the skills and expertise in the local area.

"The 250 additional new skilled jobs at General Dynamics will build on those already safeguarded by the decision to purchase 589 Scout vehicles for our armed forces, ensuring our servicemen and women have the very best equipment to keep us safe."

Stephen Crabb, Secretary of State for Wales, added: "This is an enormous vote of confidence in the Welsh workforce and will provide a huge jobs boost for Merthyr Tydfil. The Welsh manufacturing sector is going from strength to strength and I am delighted that we have been able to work with General Dynamics to make this deal happen."

(JP)

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