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Monday, December 10, 2012

Troubled Astute submarine programme to get another £2.7bn

HMS Astute |The Ministry of Defence will commit another £2.7bn to a troubled hunter-killer submarine programme that has been beset by delays, overspend and technical problems.

The Royal Navy is to have seven of the new Astute-class boats – two are undergoing sea trials and a third is near completion.

Just under half of the money announced on Monday will be spent on building the fourth of the submarines; the rest will to used to buy the equipment and materials needed for the remaining three boats.

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