£200 million boost for UK industry with new submarine
The funding will enable BAE Systems to develop the design of the submarine, including the layout of equipment and systems, and to develop manufacturing processes, including the production of early prototypes. The announcement comes ahead of the next phase of the programme later this year.
The new submarine will be one of the stealthiest submarines in the world. It will also be the safest and most technically advanced submarine ever built in the UK.
Work on the submarine’s design will draw on cutting edge capabilities in innovation, design and engineering, employing around 2,500 highly-skilled people in the UK from BAE Systems, Babcock and Rolls-Royce. Hundreds of potential suppliers, including Small and Medium Enterprises, have also been identified across the country.
Defence Secretary Michael Fallon said: "The round the clock nuclear deterrent is as crucial to Britain’s national security now as it has ever been. We use it everyday to deter extreme threats that cannot be countered by any other means.
"When there are 17,000 nuclear weapons in the world, we can’t wish away threats we face now and those that may emerge in the 2030s, 2040s, and 2050s." ■