UK MoD wishes to accelerate nuclear programmes
Despite contributing to 40% of the UK Ministry of Defence's (MoD) budget deficit its two nuclear submarine programmes, Astute and Dreadnought, are in safe hands with no plans for delay - quite the opposite.
The deficit currently stands at £7 billion ($8.9 billion) from 2018 to 2028.
During a Public Accounts Committee meeting held on 3 December MoD officials debated with Members of Parliament the deficit and the reality of delaying or deleting programmes unless a different financial settlement is met.
In order to reduce the deficit the MoD currently finds itself in Stephen Lovegrove, Permanent Secretary for the MoD,
Already have an account? Log in
Want to keep reading this article?
Read this Article
Get access to this article with a Free Basic Account
- Original curated content, daily across air, land and naval domains
- 2 free stories per week
- Daily news round-up email service
- Access to all Decisive Edge email newsletters
Unlimited Access
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
- Original curated content, daily across air, land and naval domains
- 14-day free trial (cancel at any time)
- Unlimited access to all published premium news
More from Naval Warfare
-
![Fincantieri joins roster of major companies working to protect undersea cables]()
Fincantieri joins roster of major companies working to protect undersea cables
The group’s collaboration with network provider Sparkle is the latest move to improve the robustness of submarine cable networks.
-
![US Coast Guard acquires icebreaker, and gets approval for Polar cutter]()
US Coast Guard acquires icebreaker, and gets approval for Polar cutter
The investment will help the US move towards its prescribed Arctic requirement.
-
![Saab signs modernisation deal for Sweden’s coastal anti-ship missile capability]()
Saab signs modernisation deal for Sweden’s coastal anti-ship missile capability
Sweden’s Baltic coastal defence will be upgraded with new missile options.
-
![South Korea chooses LIG Nex1 for reconnaissance USV]()
South Korea chooses LIG Nex1 for reconnaissance USV
The uncrewed surface vessel was secured with a DAPA contract.
-
![Pakistan Navy takes second OPV 2600 vessel from Damen]()
Pakistan Navy takes second OPV 2600 vessel from Damen
The PNS Yamama completes the class of maritime security vessels.
