UK Defence Secretary announces massive £2.5bn investment in nuclear submarines

LONDON, 16 May. - (ANA)  - British Defence Secretary Gavin Williamson today announced the Ministry of Defence is investing a massive £2.5 billion ($4bn) in boosting Britain's submarine building projects.

Speaking at BAE Systems' shipyard in Barrow-in-Furness Cumbria, the home of British submarine construction, he announced £960 million worth of contracts have been signed to ramp up the next phase of construction for the UK's four nuclear-armed Dreadnought submarines.

He also announced that the Ministry of Defence has signed a £1.5 billion contract to build a seventh Astute hunter-killer submarine for the Royal Navy, before revealing that the attack boat will be called Agincourt. It will be the sixth vessel in the Royal Navy to be named after the Battle of Agincourt of 1415.

Defence Secretary Gavin Williamson said:

"This multi-billion-pound investment in our nuclear submarines shows our unwavering commitment to keeping the UK safe and secure from intensifying threats. Agincourt will complete the Royal Navy's seven-strong fleet of hunter-killer attack subs, the most powerful to ever enter British service, whilst our nuclear deterrent is the ultimate defence against the most extreme dangers we could possibly face."  - (ANA) -

AB/ANA/16 May 2018 - - -