CONTENT PREVIEW
Military Capabilities

UK nuclear programmes face GBP2.9 billion affordability gap

22 May 2018

UK nuclear submarine and weapons programmes are facing a GBP2.9 billion (USD3.9 billion) funding gap over the next decade, according to a report by the country’s spending watchdog.

The funding shortfall was revealed by the National Audit Office (NAO) on 22 May in its “The Defence Nuclear Enterprise: A Landscape Review” report, which encompasses efforts to build four new Dreadnought-class ballistic missile-firing submarines, four more Astute-class attack submarines, the sustainment of the UK stockpile of nuclear warheads, and the development of a new class of attack submarines.

The NAO said it expected that GBP50.9 billion would need to be spent over the next decade on nuclear-related programmes but the Ministry of Defence (MoD) had only forecast spending GBP43.9 billion.

Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options at ihs.com/contact





(143 of 461 words)
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT