£300 million investment for UK submarine industry

14 Mar 2014 04:16 PM

More than £300 million is to be invested into building the Royal Navy's next generation of nuclear submarines.

Over the next 8 years BAE Systems’ boatyard in Barrow-in-Furness will undergo a transformation, part funded by the Ministry of Defence, to improve the infrastructure at the site, which has been making submarines for over a century.

Around 850 contractors will work on the development at its peak to replace older buildings with newer, larger, state-of-the-art facilities to allow the construction of the UK’s future nuclear deterrent submarines, known as Successor.

Defence Secretary Philip Hammond made the announcement, alongside his Australian counterpart, on a visit to the site during which he also saw the progress that is being made with the Royal Navy’s Astute Class attack submarines.

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