More than £2 billion to boost UK submarine programme

LONDON, 10 May 2022, (TON): Defence contracts worth more than £2 billion have been awarded to BAE Systems and Rolls-Royce to begin the third major phase of the future submarine nuclear deterrent programme, Dreadnought.

With the overall programme supporting around 30,000 jobs across the UK, from design through to build, Delivery Phase 3 represents the most significant stage of the Dreadnought programme so far.

In 2021 alone, it supported around 13,500 jobs in the Northwest of England and a further 16,300 over the rest of the UK, making a significant contribution to the Government’s levelling-up agenda.

The investment is the latest financial commitment between the Ministry of Defence, BAE Systems and Rolls-Royce, and is the initial investment within a planned overall total of nearly £10 billion for the whole delivery phase.

DP3 will see the first of four submarines, HMS Dreadnought, exit the Barrow-in-Furness shipyard to begin sea trials, laying the foundation to sustain the Continuous at Sea Deterrence for as long as the international security situation makes it necessary.

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