MONTREAL, Jan. 13,
2025 /CNW/ - AtkinsRéalis Group Inc. (TSX: ATRL), a
world-class engineering services and nuclear company with offices
around the world, has been appointed to provide nuclear and
infrastructure expertise to deliver critical nuclear-powered
submarine facilities in the UK.
Rolls-Royce Submarines has jointly appointed AtkinsRéalis and
Mott MacDonald as its new fissile design partner as part of plans
to double the size of its submarines site in Derby, England. The facility expansion is
addressing significant growth in demand from the UK Royal Navy and
the tri-lateral AUKUS submarine program, which will support
Australia in acquiring its first
conventionally armed, nuclear-powered submarine fleet. AtkinsRéalis
and Mott MacDonald, working together as the PROPEL joint venture,
will design the new nuclear manufacturing facilities and work with
the incoming fissile construction partner to deliver them.
Ian L. Edwards, President and CEO
of AtkinsRéalis, said: "Demand for defense equipment and
infrastructure is increasing, driven by the shift to strengthen
national security from governments world-wide. AtkinsRéalis is
well-positioned to support this rapid rise in major defense
programs through our multidisciplinary expertise across defense,
nuclear and complex infrastructure. This appointment reflects our
ability to design and deliver highly specialized facilities that
will help to increase the delivery rate of submarines for this
critical program."
Rolls-Royce is currently supporting the existing Astute and
Dreadnought boat build programs through the delivery of reactor
plant and associated components. In March 2023 it was confirmed that Rolls-Royce
Submarines would provide all the nuclear reactor plants that will
support the next generation of nuclear-powered submarines as part
of the tri-lateral security agreement between Australia, the UK and US¹.
Joe St. Julian, President,
Nuclear, AtkinsRéalis said: "The design and build of
nuclear-powered submarines involves highly complex platform
requirements and safety standards as well as extensive knowledge of
maritime infrastructure and submarine facilities. Alongside our
nuclear fuel management knowledge, AtkinsRéalis will bring
significant experience to the program through our expertise in
maritime and complex defense infrastructure as well as designing
civil nuclear at scale.
"Our appointment builds on our long-standing relationships with
Rolls-Royce and within the UK defense sector and we look forward to
bringing the best of our defense nuclear capabilities in support of
this internationally significant program."
AtkinsRéalis is providing design and engineering services to the
new GW-scale nuclear build program at Hinkley Point C and Sizewell
C, as well as working on operations, maintenance, decommissioning
and nuclear waste management at nuclear sites across the UK.
Through its global defense market, AtkinsRéalis supports
critical defence programs to strengthen national security, from
infrastructure design and complex program delivery to strengthening
cyber resilience in the face of evolving threats. In the UK,
AtkinsRéalis has supported the UK Ministry of Defence (MoD) in
major programs across the land, maritime, air and joint
environments and is one of three firms jointly appointed as
Engineering Delivery Partners to the MoD's Defence Equipment &
Support (DE&S) function.
1 Source : Rolls-Royce,
https://www.rolls-royce.com/media/press-releases/2023/13-03-2023-nuclear-reactors-from-rolls-royce-to-power-australian-submarines.aspx
(en anglais).
About AtkinsRéalis
Created by the integration of long-standing organizations
dating back to 1911, AtkinsRéalis is a world-class engineering
services and nuclear company dedicated to engineering a better
future for our planet and its people. We create sustainable
solutions that connect people, data and technology to transform the
world's infrastructure and energy systems. We deploy global
capabilities locally to our clients and deliver unique end-to-end
services across the whole life cycle of an asset including
consulting, advisory & environmental services, intelligent
networks & cybersecurity, design & engineering,
procurement, project & construction management, operations
& maintenance, decommissioning and capital. The breadth and
depth of our capabilities are delivered to clients in strategic
sectors such as Engineering Services, Nuclear and Capital.
News and information are available at
www.atkinsrealis.com or follow us on
LinkedIn.
Forward-Looking Statements
References in this press release to the "Company",
"AtkinsRéalis", "we", us" and "our" mean, as the context may
require, AtkinsRéalis Group Inc. or all or some
of its subsidiaries or joint arrangements or associates. Statements
made in this press release that describe the Company's expectations
or strategies constitute "forward-looking statements", which can be
identified by the use of the conditional or forward-looking
terminology such as "estimates", "expects", "forecasts", "intends",
"may", "objective", "plans", "projects", "should", "will",
"likely", or other variations thereon. Forward-looking statements
also include any other statements that do not refer to historical
facts. The Company cautions that, by their nature,
forward-looking statements involve risks and uncertainties, and
that its actual actions or results could differ materially from
those expressed or implied in such forward-looking statements.
Forward-looking statements are presented for the purpose of
assisting investors and others in understanding certain key
elements of the Company's current objectives, strategic priorities,
expectations and plans, and in obtaining a better understanding of
the Company's business and anticipated operating environment.
Readers are cautioned that such information may not be appropriate
for other purposes. Forward-looking statements made in this press
release are based on a number of assumptions believed by the
Company to be reasonable as at the date hereof. The assumptions are
set out throughout the Company's 2023 annual management disclosure
& analysis ("MD&A") (particularly in the sections entitled
"Critical Accounting Judgments and Key Sources of Estimation
Uncertainty" and "How We Analyze and Report our Results") filed
with the securities regulatory authorities in Canada, available on SEDAR+ at
www.sedarplus.com and on the Company's website
at www.atkinsrealis.com under the "Investors" section.
If these assumptions are inaccurate, the Company's actual results
could differ materially from those expressed or implied in such
forward-looking statements. In addition, important risk factors
could cause the Company's assumptions and estimates to be
inaccurate and actual results or events to differ materially from
those expressed in or implied by these forward-looking statements.
Those risks are identified in the Company's 2023 annual MD&A
(particularly in the section entitled "Risk and Un
certainties"), as may be updated from time to time in
the Company's interim quarterly MD&A, are not
exhaustive. The forward-looking statements herein reflect the
Company's expectations as at the date of this press release and are
subject to change after this date. The Company does not undertake
to update publicly or to revise any such forward-looking statements
whether as a result of new information, future events or otherwise,
unless required by applicable legislation or
regulation. The forward-looking information and
statements contained herein are expressly qualified in their
entirety by this cautionary statement.
SOURCE AtkinsRéalis
