Anglo-American consortium buys Devonport Royal Naval Dockyard for pounds 40m
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.An Anglo-American consortium of engineering and services companies has agreed to buy the Devonport Royal Naval Dockyard in Plymouth (above) from the Government for pounds 40.3m in cash.
The consortium includes BICC, Wier Group and Halliburton of the US. The trio already owns the Devonport Management Partnership, which will continue to provide nuclear refuelling and refitting for Trident and other nuclear submarines into the next century, the Ministry of Defence said.
Some 4,500 people work at the dockyard and consultations with trade unions have been completed. The MoD sold the other main naval support base, Rosyth, to Babcock last year. The engineering union, the AEEU, welcomed the sale. Photograph: Apex
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments