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Sunday, January 22, 2012

British arms maker 'mulling closure of historic dockyard'


Portsmouth has been a naval base since the 1200s
British arms manufacturer BAE Systems said it was reviewing its warship business but refused to comment on a newspaper report that it was set to close the historic Portsmouth dockyard.

The Sunday Times reported that Portsmouth, on the southeast coast of England, was the likely victim of a sweeping review of the group's shipbuilding operations and a decision was likely in the next three months.

BAE employs about 1,500 workers at the yard and it provides another 1,500 jobs in support roles.

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