“It’s that type of company we would have been thinking about, one that is in that game, has the wherewithal to invest and retain the staff,” Murphy said.
Navantia, which is owned by the Spanish state, already has a business relationship with Harland and Wolff.
It is the main contractor on a project to build three support ships for the Royal Navy with Harland and Wolff acting as subcontractor.
Its main shipyard is at Cadiz in southern Spain where it has the majority of its 4,000 employees.
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