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US navy contract for Forgemasters

Posted on 01 Sep 2014 and read 1447 times
US navy contract for ForgemastersSheffield Forgemasters International Ltd (SFIL) has won a $6.2 million contract to supply 84 high-integrity castings to General Dynamics Electric Boat Corporation, which has responsibility for the design, construction and life-cycle support of US Navy submarines.

Only a few companies in the world are licensed to supply these high-integrity castings.

Chief executive Graham Honeyman said: “This is a landmark order for Sheffield Forgemasters and for the UK, and it cements our long-standing working partnership with General Dynamics Electric Boat Corporation.

“The specifics of the components are classified, but we can confirm that the order is valued at $6.2 million. Our foundry will be required to deliver a series of complex castings over a period of 10 months.”

“We have been in negotiations with General Dynamics Electric Boat Corporation on the specifics of this contract for 12 months now, and confirmation of the order comes at a very important time for us, as we continue to fight the effects of a global recession and late-cycle orders.”