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Sunday, November 24, 2013

Trident costs rocket by over 600%

UGM-133 Trident D5The cost of taking part in a US programme to extend the lives of the D5 missiles that carry the nuclear warheads is officially forecast to rise from £5.5 million in 2010-11 to £37.5m in 2015-16.

This has been condemned as "dodgy accounting" and a huge waste by critics, who said the money would just help boost the profits of US arms companies. But the Ministry of Defence (MoD) insisted it was "excellent value for taxpayers".

The UK Government, under then-prime minister Tony Blair, agreed in 2006 to take part in a US programme, run by arms giant Lockheed Martin, to extend the lives of the D5 missiles by 14 years to 2042. This was despite the fact that the main decision to build replacement submarines to carry them is not due to be taken until 2016.

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1 comment:

  1. Mario Navarro24/11/13 09:08

    What other option did the South Koreans have??, besides this option means of coarse stealth, the Highest technology and interoperability with the United States....

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