UK: 9 billion for nuclear submarines and new jobs

(To drafting)
25/01/25

The British government has signed a £9bn contract with Rolls-Royce Submarines Ltd to strengthen the Royal Navy's nuclear submarine fleet. Called "Unity", the agreement provides for the design, manufacturing and support services for the nuclear reactors that power these submarines. This investment will create over 1.000 new jobs in the UK and safeguard 4.000 more, driving economic growth and improving national security.

Defence Secretary John Healey said that The investment will provide a long-term boost to British businesses, jobs and national security. He emphasized that The agreement with Rolls-Royce, a historic British company, will support highly skilled jobs in the UK, providing much-needed equipment to the thousands of submariners who keep the country safe.

The 'Unity' contract aims to simplify previous agreements and incentivise more efficient production, with expected savings of over £400 million over its eight-year term. This approach will drive greater efficiency and enable effective management of risks and opportunities, providing incentives to produce more without increasing costs, including work on the construction of the class of submarines. Dreadnought.

The agreement also strengthens AUKUS's historic partnership with the United States and Australia, underlining the UK Government's commitment to maintaining a continuous nuclear deterrence at sea. In line with the forthcoming Defence Industrial Strategy, ‘Unity’ will drive significant economic growth in the UK for many years to come.

Photo: MoD UK