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Thursday, November 09, 2006

Bulyard to get feet wet in naval ship-building

“BULYARD Shipbuilding Industry” AD goes in the “ARMARIS” short list of subcontractors

FREMM FrigateThe company might become a regional centre for the construction, repair and maintenance works for NATO vessels.

BULYARD Shipbuilding Industry has been entered in the short list of subcontractors for building of NATO vessels for the French company “ARMARIS”. This is a large-scale European program between Italy and France for the development and building of 27 multi-mission frigates class FREMM – warships with a new generation combat management system.

At the end of 2005, a contract was signed for the building of the first 17 frigates, which are for the French Navy. The project is for a period of 10 years. As a subcontractor, BULYARD Shipbuilding Industry will build the hulls of the vessels. The contract is valued at over €100m.

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