BAE Accelerates Shipbuilding to Meet Demand, Executive Says

BAE Systems Plc aims to be able to build one warship a year within two years, shaving six months off the current amount of time required to complete each vessel.

The company has spent £300 million ($406 million) upgrading its shipbuilding facilities, including £200 million for the Type 26 anti-submarine frigate in Glasgow, to try hit that goal, BAE Naval Ships managing director Simon Lister said Wednesday. The work includes covered bays and parallel construction lines, he said at the DSEI defense expo on London.