October 2, 2018 (Google Translation) – The United States Navy has confirmed the extension of the maintenance work to be carried out on the four DDG 51 destroyers deployed at the Rota Naval Base. The contract with the US Navy entered into force in November 2013 with a deadline of one + six years of extension and end in November 2020.
The amount of this new extension reaches 57 million euros, so the ceiling of expenditure of the entire program adds to this extension the 261 million. In total, it means 3.1 million working hours for the Bay. In it, Navantia provides more than 1,000 direct jobs, plus 4,000 of the auxiliary industry. Overall, taking into account also induced jobs, add up to 12,500 jobs.
The US Navy is one of the most demanding clients that Navantia has, so this extension of the contract can be interpreted as a success. The performance performed by the company is evaluated semiannually by the US Navy, having achieved an exceptional rating for each and every one of the periods examined to date.
The contract with the United States Navy is part of the policy developed by Navantia to consolidate its international presence and maintain the workload in all shipyards. In this case, the main beneficiary will be the Bay of Cádiz, as will the contract signed with Saudi Arabia for the construction of five corvettes, an operation that amounts to 1,800 million euros. Thanks to the same, will be generated about 6,000 direct and indirect employees each year.
The social and economic impact of Navantia in Cádiz can also be measured through the following figures: it represents 36% of industrial employment, 3.3% of total employment and 2.1% of GDP.