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Monday, April 23, 2012

MoD set to overhaul Trident subs

[Vanguard-class]The Ministry of Defence is looking at radical changes to a deal that includes the next £15bn wave of Trident nuclear warhead-carrying submarines as part of cost saving plans.

It is understood that Bernard Gray, who is charged with slashing procurement and maintenance costs as the chief of defence materiel, is considering bringing in a commercial partner to help the MoD with the Submarine Enterprise Performance Programme (Sepp).

Under this programme, listed defence groups BAE Systems, Rolls-Royce and Babcock International work in collaboration with the MoD to ensure £900m of cost savings to build and maintain submarines.

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