Printable version
Email this to a Friend
‘Potential devastation’ of Portsmouth Naval Base closure
01 May 2007
According to the report, the naval base and associated defence related industries and jobs are worth Ł680 million to the region’s economy every year.
The report was produced by the University of Portsmouth and was commissioned as a result of the Ministry of Defence’s (MoD) review of the future of Britain’s three main naval bases – Portsmouth, Devonport (Plymouth) and Clyde/Faslane.
The university report gives further proof of how Portsmouth Naval Base is at the heart of the local defence supply chain with many small specialist industries working directly or indirectly for the base or one of the three large contracting companies based inside – VT Shipbuilding, Fleet Support Ltd. (FSL) and BAE Systems.
Under current MoD assumptions, there could be up to 5,150 direct and indirect job losses - excluding ships’ crew - in Portsmouth, Fareham, Gosport and Havant alone.
Images for this article - click to enlarge
Unless otherwise stated, all images copyright © Mercator Media 2008. This does not exclude the owner's assertion of copyright over the material.
