Briggs Marine Signs $244m Contract With UK Ministry of Defence

Briggs Marine, a leading provider of marine services, has been awarded a contract with the UK Ministry of Defense (MoD) to supply and maintain Authority Moorings, Markers, and Targets over the next eight years with a forecast revenue of USD$244 million (£182 million).

The successful bid is the largest defense contract to be awarded to the Fife-based company to date and forms part of the MoD’s ‘next generation of marine services’ program. It will see Briggs deliver a scheduled maintenance requirement alongside an extensive replacement program which will modernize and standardize the MoD’s heavy moorings and aids to navigation (AtoN) over the contract term. This service is vital to naval operations throughout the UK and overseas.

The contract will give the Company the ability to secure associated employment and further investment in its vessel fleet and industrial infrastructure over that time.

The maintenance tasking requires a unique combination of marine and subsea skills, which Briggs is well equipped for. The Company’s recently built ‘MV Forth Constructor,' is one of thevessels planned to be utilized in the delivery of the contract and has already proved itself to be a capable and efficient vessel for delivery of the program. Briggs will update