£2.5 billion investment in nuclear submarines

A £2.5 billion investment in UK nuclear submarines shows the Government’s “unwavering commitment to keeping the UK safe and secure from intensifying threats”, the Defence Secretary will say.

Gavin Williamson is due to announce that his department has signed a £1.5 billion contract to build a seventh Astute hunter-killer submarine for the Royal Navy, adding the attack boat will be called Agincourt.

Visiting BAE Systems’ shipyardinbarrow-in-furnesscumbria,mrwilliamson will announce £960 million worth of contracts have been signed to boost the second phase of construction for the UK’S four nuclear-armed Dreadnought submarines.

The announcements will help sustain 8,000 jobs in BAE Systems’ submarine business.