Over £2 billion for the next phase of Dreadnought submarine build
Dreadnought nuclear deterrent submarines, which are under construction at BAE Systems shipyard in Barrow-in-Furness. The funding is to enable the third major phase of the program, Delivery Phase 3, the most significant stage so far in terms of criticality, value, and complexity.
The investment marks the latest financial commitment between the Ministry of Defence, BAE Systems, and Rolls Royce. It is the initial investment within a planned total of nearly £10 billion for the whole of the third delivery phase.
Dreadnought is one of the world’s most complex engineering programs. More than £1 billion has been invested in advanced technology and upgraded infrastructure at BAE Systems’ Barrow shipyard to enable it to deliver Dreadnought, with £450 million of further investment to be made over the life of the program.
The Dreadnought program supports almost 30,000 jobs across the UK, with more than half of these estimated to be based in the North West of England, and a supply chain spends of £7.5 billion across 1,500 UK companies. In addition, BAE Systems currently has more than 1,000 employees in training on its early career schemes within its Submarines business and is set to recruit a further 340 apprentices and 90 graduates into the business this year.
This phase of the program will see the first of four submarines, HMS Dreadnought, exit the BAE Systems’ shipyard to begin sea trials, laying the foundation to sustain the Continuous at Sea Deterrent for as long as the international security situation makes it necessary. It will also allow learning from this phase to be applied to the build and test of later boats.
The contracts with Rolls-Royce and BAE Systems will contribute significantly to the UK Government’s leveling-up ambitions and will support the training and development of the men and women of the Royal Navy who will take to the water in HMS Dreadnought when she enters service in the early 2030s.