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Michael Fallon Bae

£642 million for Successor submarine programme confirmed

Published on: Friday 4th March 2016
Categorised under: Work , BAE Systems, Barrow, Investment

The UK’s Defence Secretary Michael Fallon has announced £642 million of investment for the Successor submarine programme - £225 million of which will be coming to South Cumbria.

The funding will help to progress work on the four new submarines that will begin replacing the Vanguard class from the 2030s, including investment in the BAE Systems site in Barrow-in-Furness, where they will be assembled.

BAE Systems – Submarines is a partner of Choose South Cumbria and is currently looking to recruit a variety of roles to deliver its ongoing programme of work as well as investing in hundreds of new apprenticeship roles.

Mr Fallon’s announcement confirms the detail outlined in last year’s Strategic Defence and Security Review. He said: "Our nuclear deterrent provides the ultimate guarantee of our security and our way of life. That’s why we are getting on with this investment.

"This money will support further design work, new infrastructure and the purchase of key parts such as engines and gearboxes, as well as jobs across the UK."

This investment of £642 million will take the total cost of the assessment phase to £3.9 billion.

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