£200 million boost for UK industry with new submarineStaff writer ▼ | February 10, 2016
The MOD has announced a £201 million package to support further design work for the Royal Navy’s next generation of nuclear submarines.
Defense industry BAE Systems will develop the design of the submarine
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." ■