The scale of Raymarine’s position in the boating market can be judged by the announcement of its new out sourcing contract with Flextronics, a Singapore based company. In a contract estimated to be worth US$500 over the next five years, Raymarine will move part of its production to its new partner’s factory in Hungary. Flextronics, a company with a US$16 billion turnover, is a specialist in electronics manufacturing and distribution. “We took this decision to access the latest technologies and skills,” said Raymarine’s CEO, Malcolm Miller. None of their staff will be transferred to Flextronics.