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Wednesday, August 17, 2011

Defence contracts that keep British shipbuilding sector afloat

Type 26 (Global Combat Ship)As the 8,000-tonne mid-section of the HMS Queen Elizabeth aircraft carrier eased into the Clyde it was not just another day for a shipbuilding industry that has seen countless vessels launched in Glasgow over the centuries.

By the government's own admission, a once-great manufacturing tradition, vastly diminished from its heyday, would be in terminal decline without the £5bn-£6bn programme to build two new carriers.

The Queen Elizabeth is a lifeline to the 147-year-old BAE Systems yard in Govan and to five other yards around Britain.

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