What Happened
UK Ministry Of Defence Awards Major Nuclear Deterrent Deal
BAE Systems has secured a £5.9 billion contract from the UK Ministry of Defence to advance work on the Dreadnought-class submarine program. The contract is part of a broader £8.4 billion funding package approved by Parliament to maintain Britain’s Continuous At-Sea Deterrent. BAE will continue construction of all four planned submarines at its Barrow-in-Furness shipyard, with the program supporting a large UK industrial base and around 7,000 jobs at the shipyard. The project is one of the UK’s largest defence projects, with a total replacement cost estimated at around £31 billion. This development was first reported by Unknown Source.