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.
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