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BAE SYSTEMS, SUBMARINE SOLUTIONS ANNOUNCES POTENTIAL JOB LOSSES

BAE Systems Submarine Solutions has announced plans for a programme of consultation with regards to 230 potential job loses at its site in Barrow-in-Furness following a detailed review of its current and future workload requirements.

The review has been carried out by the company to ensure it has the correct skills, capabilities and resources to meet current and future business requirements – which includes continuing efforts to recruit additional highly-skilled engineers - while establishing and maintaining a competitive cost base.

To minimise the need for compulsory redundancies, the company will be seeking volunteers as well as exploring all feasible mitigation opportunities.

John Hudson, Managing Director at BAE Systems Submarine Solutions, said: “These steps are regrettable but necessary to ensure a sustainable business, thereby allowing the company to deliver to the customer in line with their expectations of value and schedule. We have a responsibility to manage our cost base to remain competitive and meet our customers' future requirements.”


There will now follow a 90 day period of consultation between the workforce and the trade unions.
Mr Hudson added: "We will work with our employees and their representatives to explore ways of mitigating these potential job losses and we will ensure employees are fully supported throughout this process."

BAE Systems Submarine Solutions employs approximately 5,000 people across nine UK locations, where it is constructing the
Astute class of nuclear powered attack submarines.

About BAE Systems
BAE Systems is the premier global defence, security and aerospace company delivering a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. With approximately 105,000 employees worldwide, BAE Systems' sales exceeded £18.5 billion (US $34.4 billion) in 2008.

Issued by:
BAE Systems, Farnborough, Hampshire GU14 6YU, UK
Tel: +44 (0) 1252 384605 Fax: +44 (0) 1252 383947
24hr media hotline: + 44 (0) 7801 717739