Showcasing the Best of Welsh Business

Denbighshire Firm Wins £82m Ministry of Defence Contract

SHARE
,

A Denbighshire firm has the week announced that they have won an £82m defence contract to maintain surveillance and targeting equipment for the UK’s Armed Forces.

Qioptiq will service equipment such as night-vision goggles and weapon sights, with the 6-year deal expected to create new jobs for the Welsh firm. Adding to the 560 workers already employed at its St Asaph and Bodelwyddan sites, the business is thrilled to take these plans forward in the coming months.

navy_binocularsWelsh Secretary Alun Cairns said:

“This enormous vote of confidence in the Welsh economy demonstrates that we offer the highly-skilled workforce and facilities that investors need”.

Investing £2.5m in a new purpose-designed facility for the company, Welsh Government are placing a huge focus on safety, with this extra support cementing Wales’ name as a world leader in the defence technology sector.

Announcing the Surveillance Target and Acquisition Support deal at the IDEX trade show in Abu Dhabi just yesterday, MoD Parliamentary Secretary Harriett Baldwin said:

“This deal will provide our troops with the equipment they need to stay safe, while also delivering £47 million of savings.”

Merging 20 separate contracts into one deal, the facility will now look after equipment from across the Armed Forces. This will include frontline infantry and Royal Marine soldiers as well as bomb disposal experts, infantry periscopes, laser aimers and target-location apparatus.

All executed in a new 24,000 sq ft facility on land next to Qioptiq’s premises at St Asaph Business Park, the business is overwhelmed to have Welsh Government on board.

Welsh Economy Secretary Ken Skates said:

“I am delighted the Welsh Government was able to support the company’s successful bid from the early pre qualification stage through to the development of a purpose designed facility that is vital to deliver the contract.

“This new contract secures the long term future of the company in St Asaph where it has a significant economic impact on the local economy through expenditure by employees and through local supply chains.”