TP Group confirms contract win

Specialist services and engineering group TP Group said TPG Maritime has been awarded a contract by the Ministry of Defence, following successful negotiations first announced in July 2016.

It said this agreement would see TPG Maritime manage equipment availability and spares provision for air purification systems on board Royal Navy submarines currently in service.

The five-year contract had an option for a further two-year extension and was estimated by the company and the MoD to be worth at least £22m (at 2017 prices) over seven years, although the final value is dependent on, among other things, spares usage.

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