£200m+ boost for shipyard
INDUSTRY in Cumbria has received a major boost with the announcement by the government of £642m for the successor submarine programme.
Of this, £225m will go towards new facilities, at BAE Systems at Barrow-in-Furness, where four new nuclear submarines will be assembled. This investment will ensure the submarines are built with maximum efficiency, the Ministry of Defence said.
The new vessels will begin replacing the Vanguard class, from the 2030s. The funding will go towards new parts and facilities, as w... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...