Andy Burnham is set to reveal an £8.4 billion investment for nuclear submarines to ensure the new HMS Dreadnought completes its sea trials and becomes operational by the 2030s. These nuclear-armed 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.
The funding will not only support the progress of the first submarine but also aid in advancing the second vessel, HMS Valiant, towards its sea trials. Moreover, manufacturers will receive assistance in completing the construction phases of the third and fourth submarines.
In a statement, Prime Minister Mr. Burnham emphasized the importance of national security and highlighted the significance of supporting British workers and firms in the defense industry. The submarines, built in Barrow, are expected to create 47,000 jobs and apprenticeships, revitalizing communities across the country.
The Defence Nuclear Enterprise in the UK is projected to sustain approximately 47,000 jobs, with significant contributions from various locations such as Aldermaston, Burghfield, Devonport naval base, and Barrow. Of the total investment, £5.9 billion will be allocated to BAE Systems for the Dreadnought Class submarine program, with £2.5 billion designated for the broader supply chain.
Mr. Burnham faces inquiries regarding his defense policies, particularly on how he intends to finance the commitment to reach 3.5% of GDP on defense spending by 2035. Despite questions, the Prime Minister reaffirmed his dedication to meeting Nato commitments and addressing challenging defense issues.
The Defence Investment Plan outlines the government’s commitment to funding the fitting of four Dreadnought submarines in Barrow, with total defense investment over the next four years estimated at £298 billion. The investment aims to support long-term opportunities throughout the UK and strengthen national security.
Defense Secretary Wes Streeting emphasized the importance of nuclear-armed submarines in safeguarding the UK and commended the investment for bolstering British industry and local jobs. While there are concerns about funding levels and strategic clarity, there is overall support for progress on the Dreadnought program and the nuclear deterrent.