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Sunday, April 03, 2011

$40 million boost for Newcastle shipbuilder

SPS Alvaro de Bazan (F-100 Class)Newcastle ship builder Forgacs is set to employ an extra 70 workers after securing a new $40 million contract on the Royal Australian Navy's air warfare destroyer project.

Lead contractor on the $8 billion project A-S-C in Adelaide has been impressed with Forgacs' standard of work on its original $150 million hull construction contract.

The company has now been awarded work by the AWD Alliance on another three hull blocks due to problems encountered with another contractor, BAE systems in Victoria.

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