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UK nuclear costs continue to soar

05 December 2017

Rising costs continue to hit the UK nuclear submarine and weapons programmes, according to new data revealed by the country’s procurement organisation.

The Defence Equipment & Support (DE&S) organisation’s 2016-17 annual accounts reveal that the cost of the UK’s programmes to build new nuclear submarines and to support reactor, infrastructure, and weapons projects will rise by GBP1.15 billion (USD1.54 billion) over the next 10 years are running late, and have missed nearly half their key performance indicators.

According to the DE&S report, the projected total costs of Director General Nuclear’s programmes were revised up by GBP505.2 million during the 2016–17 financial year.

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