Reuters logo
BAE Systems to begin building new British nuclear submarines
October 1, 2016 / 12:58 PM / a year ago

BAE Systems to begin building new British nuclear submarines

A sign adorns a hangar at the BAE Systems facility at Salmesbury, near Preston, northern England March 10, 2016. REUTERS/Phil Noble/files

LONDON (Reuters) - Britain’s ministry of defence said on Saturday that construction work will begin on the country’s new nuclear submarines, announcing nearly 1.3 billion pounds ($1.7 billion) of new investment with defence firm BAE Systems.

Lawmakers backed renewing Britain’s ageing nuclear weapons system earlier this year, a multi-billion pound project regarded as key to maintaining the country’s status as a world power following its vote to leave the European Union.

“The investment will support delivery of the Government’s commitment to retain the Trident-based continuous at sea deterrent – the ultimate guarantee of our safety – and build the new fleet of four Successor Ballistic Missile submarines,” the defence ministry said in a statement.

BAE Systems said the first new submarine will enter service in the early 2030s.

($1 = 0.7705 pounds)

Reporting by Costas Pitas; Editing by Alexander Smith

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below