James Fisher & Sons wins £35m Australian navy contract extension
James Fisher & Sons Plc
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Marine engineering services company James Fisher & Sons said its had won a four year £35m contract extension to supply its submarine escape and rescue system to the Royal Australian Navy until December 2023.
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Fisher's Australian unit, based in Perth, makes and operates untethered rescue vessels which send a mini piloted vehicle to a distressed submarine to rescue the crew on board and transfer them under pressure to the ocean's surface where they are able to receive decompression treatment in a specially-designed hyperbaric equipment suite.
The deal has an option to further extend to November 2024, Fisher said on Friday.