Saab Seaeye Expands Into Second Facility in UK

Global success for Saab Seaeye, the world’s largest electric underwater vehicle manufacturer, sees the company double the size of its operations.

Planning for further growth, they have expanded into a second facility in Fareham, Hampshire, UK, within metres of their existing factory of the same size.

Opening the new facility, Görgen Johansson, Head of Saab Dynamics, said that the underwater vehicle business is an area of growth that will continue to attract good people and create future innovations such as subsea resident vehicle technology. He also said the oil and gas business and defence businesses act as a hedge for each other in variable business cycles.

Saab Seaeye’s Managing Director Jon Robertson explained that the extra space would allow them to expand the engineering team. This will enable the company to invest in new products, whilst offering bespoke engineering solutions for its customers.

The company’s existing training facility is being expanded in the new premises with enhanced training packages for customers’ operators in the operation and maintenance of Saab Seaeye’s underwater vehicles.

The expansion will also free up more space in the existing facility for larger production orders, along with greater stockholding potential so that more ‘off the shelf’ deliveries can be offered.

This expansion comes as sales grow across its various industries including oil and gas, renewable energy, defence, marine science and hydro engineering.

[mappress]
Press Release, March 22, 2013