Renold announced that Renold Couplings; part of the company's Torque Transmission division, has been awarded a contract for the supply of flexible couplings for the second batch of the Royal Navy's Type 26 future frigate. The contract is worth £11 million over the next eight years. The flexible couplings, which are an important part of a ship's propulsion system, are part of the Renold 'Hi-Tec Range' of couplings which are supplied worldwide for large marine and industrial projects. The contract award, although in line with expectations, represents a significant extension of the Company's existing Type 26 Batch 1 contact covering three ships. Flexible couplings for the first two ships have been delivered and manufacture of the third ship set is currently in progress. Manufacture of the five shipsets of couplings in Batch 2 is due to start in 2022 following the installation by the Company of a new machining centre. The manufacturing programme is scheduled to complete in 2029.