In the UK at the Appledore shipyard in Devon, the facility is close to reopening, 12 months after its 164-year shipbuilding history appeared to have come to an end.
The shipyard could reopen as soon as December if a deal is secured, although the terms may not be finalised for a fortnight or more, as the Guardian understands.
The future of the shipyard, which made components for HMS Queen Elizabeth and the new generation of aircraft carriers (and Afloat adds patrol vessels for the Irish Naval Service), came under threat after Babcock International, a FTSE 250 defence and outsourcing company, chose not to renew its lease in November 2018.
Multiple parties are understood to be in involved in talks about taking on the shipyard, including a consortium led by Devon-based shipbuilders House of Santon Maritime, according to two sources. House of Santon did not respond to requests for comment.
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