Wincanton Wins Shipbuilding Logistics Contract With BAE
January 19 2015 - 3:40AM
Dow Jones News
LONDON--Wincanton PLC (WIN.LN), a provider of supply chain
services, Monday said it got a new contract with BAE Systems PLC
(BA.LN) to provide logistics and warehousing services in support of
its U.K. shipbuilding operations.
The long-term contract of undisclosed value covers BAE's program
to deliver three new River Class Offshore Patrol Vessels for the
Royal Navy. Wincanton will run a central warehousing facility,
inbound scheduling and collections and provide modular re-useable
crates.
Shares at 0808 GMT traded a penny or 0.5% higher at 165
pence.
Write to Ed Ballard at ed.ballard@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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