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First Minister and General Dynamics CEO meet to discuss further investment plans for Wales

This press release was published under the 2011 - 2016 Welsh government

General Dynamics’ continued investment in Wales was top of the agenda when First Minister Carwyn Jones and Economy Minister Edwina Hart met with Phebe Novakovic, CEO and Chairman of the global aerospace and defence firm, on a visit from the US to Cardiff Bay.
Friday 18 December 2015

In 2014 General Dynamics UK was awarded a £3.5 billion contract to deliver 589 SCOUT Specialist vehicles (recently renamed AJAX) to the British Army. The company is now due to undertake the assembly, integration and testing for the new vehicles at a new site in South Wales, with the creation of 250 new jobs.

The First Minister said:

“The Welsh Government has worked closely with General Dynamics UK since it first moved to Wales in 2001. We have recently worked with the company to secure these new jobs for Wales and so I was pleased to be able to discuss the company’s continued commitment and investment in Wales with its global CEO Phebe Novakovic.

“I am delighted that the company is opening a new facility in South Wales, which will be its third facility in Wales and will grow its Welsh workforce to more than 750.

“As well as employing qualified personnel, General Dynamics UK invests in apprentices and graduates.  This not only offers a superb training opportunity for young people to gain qualifications but will also provide them with invaluable experience of working with a global leader working in a highly specialised field.”

Phebe Novakovic, Chairman and CEO of General Dynamics, said:

“General Dynamics is continuing our investment in Wales, including new manufacturing jobs in addition to our existing workforce in Oakdale.  As an anchor company, we have a very strong relationship with the Welsh government, with whom we engage regularly, including today’s meeting. Their support helps ensure we meet the needs of our customers from right here in the heart of the Welsh Valleys.”

Economy Minister Edwina Hart said General Dynamics UK has invested heavily at its sites in Wales since and has continued to have the support of the Welsh Government.

She said:

“As a Welsh Government anchor company, General Dynamics makes a significant contribution to the Welsh economy and its on-going investment certainly helps to raise the profile of Wales globally as a superb location for international companies to grow their business.”

 

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First Minister 18 December 2015 Economy South East Wales
 
 

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