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£2.5bn Nuclear Subs Investment To Sustain Thousands Of Jobs

Defence Secretary Gavin Williamson has announced the Ministry of Defence is investing a massive £2.5 billion in boosting Britain’s submarine building projects…

Speaking at BAE Systems’ shipyard in Barrow-in-Furness Cumbria, the home of British submarine construction, he announced £960 million worth of contracts have been signed to ramp up the next phase of construction for the UK’s four nuclear-armed Dreadnought submarines.

He also announced that the Ministry of Defence has signed a £1.5 billion contract to build a seventh Astute hunter-killer submarine for the Royal Navy, before revealing that the attack boat will be called Agincourt. It will be the sixth vessel in the Royal Navy to be named after the Battle of Agincourt of 1415.

Defence Secretary Gavin Williamson said: “This multi-billion-pound investment in our nuclear submarines shows our unwavering commitment to keeping the UK safe and secure from intensifying threats.

“Agincourt will complete the Royal Navy’s seven-strong fleet of hunter-killer attack subs, the most powerful to ever enter British service, whilst our nuclear deterrent is the ultimate defence against the most extreme dangers we could possibly face.

“Not only is this a massive boost for our armed forces, but it’s huge for Barrow, the heart of sub-building in this country. Today’s news supports 8,000 BAE Systems’ submarine jobs, as well as thousands more in the supply chain, protecting prosperity and providing opportunity right across the country.”

The multi-billion pound announcements will help sustain around 8,000 jobs in BAE Systems’ submarine business, as well as thousands more across the UK submarine supply chain.

 


 

 


 

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