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Jobs Safeguarded At Devonport
11:45am 1st October 2014
(Updated 11:45am 1st October 2014)
Thousands of jobs are being safeguarded at Devonport.
The MoD is handing contractors Babcock a huge contract, which will secure the future of the base for at least the next five years.
Across the UK Devonport, Portsmouth and Faslane will share deals worth more than £3bn.
In Plymouth and south east Cornwall that will safeguard up to 4,000 jobs - along with many more that rely on the naval base.
The money will also be used to repair warships and submarines.
The Defence Secretary's calling it a "major investment" in the Royal Navy.
Commodore Tim Hodgson helped put the deal together. He said: "It's absolutely vital to our ability to operate our ships and submarines worldwide. We're very fortunate to be supported by our industrial partners to provide what the nation needs through the Royal Navy."
A spokesperson for Babcock said: "This new contract reinforces Babcock's position as the UK's leading naval support business and enables us to continue to do what we do best - providing continuity, reliability and increased value to our customer.
"Importantly, the finalisation of the The Maritime Support Delivery Framework contract cements Babcock’s long term partnering relationship with the MOD and Royal Navy here in Plymouth."
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