MOD Announces £2 Billion Boost UK Submarine Program

Defence contracts worth more than £2 billion have been awarded to BAE Systems and Rolls-Royce to begin the third major phase of the future submarine nuclear deterrent program – Dreadnought.

With the overall program supporting around 30,000 jobs across the UK, from design through to build, Delivery Phase 3 (DP3) represents the most significant stage of the Dreadnought program so far. In 2021 alone, it supported around 13,500 jobs in the Northwest of England and a further 16,300 over the rest of the UK, making a significant contribution to the Government’s levelling-up agenda.

The investment is the latest financial commitment between the Ministry of Defence, BAE Systems and Rolls-Royce, and is the initial investment within a planned overall total of nearly £10 billion for the whole delivery phase.

DP3 will see the first of four submarines, HMS Dreadnought, exit the Barrow-in-Furness shipyard to begin sea trials, laying the foundation to sustain the Continuous at Sea Deterrence (CASD) for as long as the international security situation makes it necessary.

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