Industrial chains supplier Renold has picked up a contract to deliver flexible couplings to the Royal Navy in a deal worth £11m ($15.2m). The contract will span eight years.
Royal Navy arrangement
The flexible couplings, which form part of a ship’s propulsion system, will be fitted to five of the Royal Navy’s eight 6,900-tonne Type 26 frigates, which have a range of 7,000 nautical miles each.
Two ships have already taken delivery of the flexible couplings as part of the company’s existing Batch 1 contract; a third ship is in the process of being built.
Renold Couplings, which is part of the Manchester-based company’s torque transmission division, will deliver the second batch of the Hi-Tec Range of couplings between 2022 and 2029.
A “great opportunity”
Commenting on the contract, Renold CEO Robert Purcell said: “The award of the Type 26 Batch 2 contract is reflective of the quality of the service and product we have provided in Batch 1 and continues to underpin the board’s confidence in our expectations for the year.
“It is a great opportunity for our Couplings business and demonstrates the rewards from our ongoing strategy of focusing on manufacturing and engineering excellence.”