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The United Kingdom marine market boasts impressive numbers, generating £3.97 billion in direct revenue and contributing £1.5 billion to the economy. Its thriving manufacturing and export sector, lauded for innovation, contributed £1.6 billion to the UK economy through exports in 2018/19 alone. This dynamic industry deserves attention from both domestic and international players.
The UK government actively procures a diverse range of marine products and services, playing a significant role in the market's growth. This procurement activity offers lucrative opportunities for businesses operating within the sector.
The UK government's procurement needs encompass a vast spectrum of marine products and services. These include:
Shipbuilding and repair: Construction, maintenance, and modernization of vessels for various purposes.
Marine equipment: Acquisition of specialized equipment for navigation, safety, and communication.
Marine services: Consulting services for port development, environmental protection, and maritime security.
Research and development: Funding for innovation and technological advancement in the marine sector.
Several key authorities oversee UK marine government procurement:
Ministry of Defence (MOD): Responsible for procurement of vessels and equipment for the Royal Navy and other armed forces.
Department for Transport (DfT): Procures marine equipment and services for civilian purposes, including ports and navigation aids.
Maritime and Coastguard Agency (MCA): Oversees procurement related to maritime safety and pollution response.
Leading companies consistently securing UK marine government contracts include:
BAE Systems: Major player in shipbuilding and naval equipment.
Babcock International: Provider of marine support services and engineering solutions.
Rolls-Royce: Leading manufacturer of marine engines and propulsion systems.
Cobham: Specialist in maritime communication and navigation systems.
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