UK Defense Secretary announces £642 million investment in nuclear submarinesStaff writer ▼ | March 4, 2016
UK Defense Secretary Michael Fallon has announced £642 million of investment for the Successor submarine programme.
Next generation The four new submarines from the 2030s
The investment will include £225 million of investment for new facilities, at BAE Systems at Barrow-in-Furness, where the submarines will be assembled. That investment will ensure the submarines are built with maximum efficiency.
The funding will also see significant investment in the UK/U.S. collaboration for the Common Missile Compartment and around £200 million for the submarine’s power plant, including long lead items. ■