James Fisher & Sons Subsidiary Wins $30 Million Contract
December 19 2018 - 5:15AM
Dow Jones News
By Oliver Griffin
James Fisher & Sons PLC (FSJ.LN) said Wednesday that its JFD
subsidiary has been awarded a contract worth 30 million pounds
($37.9 million) by Daewoo Shipbuilding & Marine Engineering Co.
(042660.SE).
The company said the contract is to design and construct a deep
search-and-rescue submarine for the South Korean navy, together
with training and in-service support.
The vehicle will be delivered in 2021, the company said.
Write to Oliver Griffin at oliver.griffin@dowjones.com;
@OliGGriffin
(END) Dow Jones Newswires
December 19, 2018 05:00 ET (10:00 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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