BAE considering shipyard closure
Defence giant BAE has confirmed it is considering closing one of its major shipyards in a move that could threaten more than 1,000 jobs.
The future of its three major bases - one at Portsmouth and two in Glasgow, at Govan and Scotstoun - has been under threat after BAE launched a review of its maritime operations at the start of the year, and UK chief executive Nigel Whitehead told The Sunday Telegraph a decision is expected by the end of the 2012. It is believed Portsmouth is most at risk and a closure could reportedly put about 1,500 jobs at risk.
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