Over £2bn for Dreadnought Delivery Phase 3

News

The Ministry of Defence has announced more than £2bn of further funding for the Dreadnought nuclear deterrent submarines.

Image credit: BAE Systems

The submarines are under construction at BAE Systems’ shipyard in Barrow-in-Furness. This funding will enable the third major phase of the programme, Delivery Phase 3, and marks the latest financial commitment between the MoD, BAE Systems and Rolls Royce. It is the initial investment within a planned total of nearly £10bn for the third delivery phase.

BAE Systems said over £1bn has been invested in advanced technology and upgraded infrastructure at its Barrow shipyard to support Dreadnought, with £450m further investment to be made over the programme’s life.

“We take great pride in designing and delivering one of the world’s most advanced engineering programmes and helping to protect national security,” said Steve Timms, managing director of BAE Systems Submarines.

“Today’s funding announcement allows us to maintain the Dreadnought programme’s progress and continue investing in the infrastructure and skills needed to deliver these highly complex submarines to the Royal Navy.”

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Dreadnought