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Friday, May 09, 2014

£300m BAE investment offers huge opportunity

Successor class SSBNWhen defence secretary Philip Hammond schedules a visit to Barrow, you know it’s going to be for something big.

And Mr Hammond didn’t disappoint – announcing the investment of more than £300m into Barrow’s shipyard to prepare the town for the construction of the Successor programme – a fleet of nuclear weapon-carrying submarines expected to replace the ageing Vanguard boats.

Although final approval of Successor is not due until after the next general election and the submarines themselves won’t begin to enter service until 2028, with a project of this size, preparation work has to begin many years in advance.

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