UK’s Ministry of Defence is investing £2.5 billion in boosting Britain’s submarine building projects, the Defence Secretary Gavin Williamson announced. Speaking at BAE Systems’ shipyard in Barrow-in-Furness Cumbria, the home of British submarine construction, he informed £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, to be called ‘Agincourt’. It will be the sixth vessel in the Royal Navy to be named after the Battle of Agincourt of 1415.
It is estimated that 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.
Moving into its second phase, the Dreadnought Submarine Programme will continue the design and build of the first Dreadnought submarine and commence the build of the second, including furthering the design and manufacture of the nuclear propulsion power plant. This phase has commenced with contracts signed for £900 million and £60 million with BAE Systems and Rolls-Royce, respectively.
The Submarine Delivery Agency, which was established last month, will project manage the construction of future Royal Navy submarines, and support those in-service, working with Navy Command and the newly established Defence Nuclear Organisation.
The Defence Secretary made the announcements during a ceremony, in which also opened a new £100 million submarine construction building in the Cumbria factory.