11 February 2025
Capita
secures expansion of Royal Navy training contract to deliver marine
engineering training
Capita plc (‘Capita’ or
the ‘Group’) announces today it has been awarded a contract
expansion to provide comprehensive training services for Marine
Engineering within the Royal Navy at HMS Sultan, the home of Marine
Engineering Training Group and the Royal Naval Air Engineering and
Survival School. This marks the 10th service transition managed
under the Royal Navy training contract that was originally awarded
to Capita in 2021.
The
additional scope, valued at £97 million, is an expansion of the
existing Royal Navy contract and will commence on May 1, 2025, for a term of seven years and 11
months. The Royal Navy training contract now has a total value of
c.£1.3 billion.
Under this
new contract expansion, Capita will deliver a core range of
services including training design and media, training delivery,
training support, quality assurance, and equipment management.
These services are designed to enhance the Royal Navy's operational
capabilities and ensure the highest standards of training for its
personnel.
"Strengthening
our partnership with the Royal Navy and expanding our role in
delivering critical training services is aligned with our strategic
focus on delivering solutions that contribute to national
preparedness," said Richard Holroyd,
CEO of Capita Public Service.
He
continued: "This contract win underscores our commitment to
providing innovative and effective training solutions as evidenced
in the success of our successful Royal Navy training delivery,
including improvements in the quality of teaching and learning, and
consistent delivery.”
Capita
will leverage its extensive experience in training delivery to
integrate the new services into the overall Royal Navy training
construct, share best practices, and explore opportunities to
extend training transformation programmes into Marine
Engineering.
Notes
to editors:
The marine
engineering training is to be delivered under the existing Royal
Navy training contract, and as such the total IFRS 15 transaction
price (order book) will be included within the existing order book.
The existing Royal Navy
training contract IFRS 15 transaction price (order book) will
increase by £97 million as a result of this
expansion.
For
more information, please contact:
Investor
enquiries
Helen Parris
Director
of Investor Relations
Tel: 07720
169269
Email:
IRteam@capita.co.uk
Stephanie Little
Deputy
Head of Investor Relations
Tel: 07541
622838
Email:
IRteam@capita.co.uk
Media
enquiries
Tel: 020
7654 2399
Email:
media@capita.co.uk
About
Capita plc
Capita is
a modern outsourcer, helping clients across the public and private
sectors run complex business processes more efficiently, creating
better consumer experiences. Operating across 8 countries, Capita’s
41,000 colleagues support primarily UK and European clients with
people-based services underpinned by market-leading technology. We
play an integral role in society - our work matters to the lives of
the millions of people who rely on us every day.
