Belfast shipbuilders famous for the Titanic suffer loss of revenues as it prepares for MoD contract
Harland & Wolff has been hit by supply chain delays and order cuts worth at least £34m, in a blow for the owner of Belfast’s historic shipyard as it prepares to restart shipbuilding under a Ministry of Defence contract.
The company said it will generate revenues of between £29m and £31m for 2022, significantly below the £65m-£75m it said it expected in September.
Belfast shipbuilders famous for the Titanic suffer loss of revenues as it prepares for MoD contractHarland & Wolff has been hit by supply chain delays and order cuts worth at least £34m, in a blow for the owner of Belfast’s historic shipyard as it prepares to restart shipbuilding under a Ministry of Defence contract.The company said it will generate revenues of between £29m and £31m for 2022, significantly below the £65m-£75m it said it expected in September. Continue reading…
