B.C.’s shipbuilding and repair industry will get a shot of good news today when the Harper government announces a five-year, $531-million contract extension to repair and upgrade Canada’s fleet of four diesel-electric submarines, The Vancouver Sun has learned.
The contract, following a similar agreement struck in 2008, will protect roughly 200 jobs at the Department of National Defence’s Fleet Maintenance Facility in Esquimalt, according to a federal official.
Another 200 jobs will be protected at locations elsewhere in Canada, he said.
“This significant federal investment will support more than 400 high-quality jobs, improve the long-term sustainability of B.C.’s shipbuilding industry and provide the best tools for Canada’s sailors,” he said in a prepared statement.
The contract was won in a competitive bid by Babcock Canada Inc., a subsidiary of the British multinational firm Babcock International Group PLC ....