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Saturday, September 19, 2009

Revealed: the £130bn cost of Trident replacement

The combined cost of replacing the Trident nuclear missile system and building, equipping and running two large aircraft carriers will be as much as £130bn, far more than the government has admitted, an in-depth study of the huge defence projects reveals today.

Ministers have said replacing Trident would cost up to £20bn, but key factors the government has left out of the calculation will push the final cost up to £97bn over the system's 30-year life, according to Greenpeace, the environment group.

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