Harland and Wolff's Executive Chairman says the shipyard is still capable of delivering a major Royal Navy contract.
The executive chairman of Harland and Wolff has said the Belfast shipyard is still capable of delivering a major Royal Navy contract, once it finds new owners.He is working with advisers from Rothschild bank to find buyers for Harland and Wolff’s four UK yards.'Credible future'Navantia is the major partner in the Fleet Solid Support programme to build three naval logistics vessels with Harland and Wolff as subcontractor."We have strong leadership in all of our yards.
He suggested the government will have a role in approving buyers given the FFS contract is Harland and Wolff’s major asset.Mr Downs also confirmed a reportthat he has launched an investigation into the possible "misapplication" of about £25m at the business.
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