Andy Burnham is set to announce an investment of £8.4 billion for nuclear submarines to support the new HMS Dreadnought in its sea trials and preparation for service in the 2030s. These submarines will replace the Vanguard Class and have the capability to launch Trident 2 D5 ballistic missiles, powered by a Rolls-Royce nuclear propulsion system from Derby, providing them with extensive range. HMS Dreadnought is the first of four new nuclear submarines.
While a portion of the funding will aid the first submarine’s readiness for service, some will go towards advancing the second vessel, HMS Valiant, to its sea trials phase. Additionally, support will be given to manufacturers to progress the construction phases of the third and fourth submarines.
Prime Minister Mr. Burnham emphasized the importance of national security and highlighted the economic benefits of the submarine production, including the creation of 47,000 jobs and apprenticeships. He encouraged young individuals to pursue opportunities in a revitalized industrial sector, facilitated by the apprenticeships funded through the announced investment.
The UK Defence Nuclear Enterprise, supporting approximately 47,000 jobs, plays a crucial role in national security. The investment breakdown for the Dreadnought Class submarine program includes £5.9 billion allocated to BAE Systems and £2.5 billion for the broader supply chain. Addressing inquiries about defense policies and funding commitments, Mr. Burnham reiterated the government’s dedication to meeting NATO obligations and prioritizing national defense.
The Defence Investment Plan outlines significant investment in defense projects, including the fitting of four Dreadnought submarines in Barrow, totaling an expected £298 billion over the next four years. The investment aims to secure UK defense capabilities and highlight the enduring benefits of taxpayer-funded projects nationwide.
Defense Secretary Wes Streeting emphasized the strategic importance of nuclear-armed submarines in safeguarding the UK and praised the investment for supporting local jobs and technological advancements. Despite some skepticism from the opposition, the commitment to the Dreadnought program was acknowledged positively, with a call for clarity on future defense procurement plans and funding pathways.
