Tuesday, December 10, 2013

Halifax: New Contracts Awarded For Shipyard Upgrades

Nova Scotia suppliers are beginning to see more benefits in relation to the $25-billion shipbuilding contract awarded to Irving Shipbuilding. The company is announcing just over $28 million in fresh work contracts to modernize the yard in preparation to build Canada's new fleet of combat ships. President of Irving Shipbuilding, Kevin McCoy, says the company has awarded $175 million in contracts connected to the upgrades needed at the Halifax dockyard. The project will take two-years to complete and cost $300 million. Several Halifax-area companies were awarded new work in relation to the modernization efforts at the shipyard. In Nova Scotia, work contracts to date have generated roughly 870 full time jobs.