{"id":68182,"date":"2016-03-03T13:36:00","date_gmt":"2016-03-03T13:36:00","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=a3260b1620fe96edebaf916c4f16ad3d"},"modified":"2016-03-03T13:36:00","modified_gmt":"2016-03-03T13:36:00","slug":"news-story-defence-secretary-announces-642-million-investment-in-next-generation-nuclear-submarines","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=68182","title":{"rendered":"News story: Defence Secretary announces \u00a3642 million investment in next generation nuclear submarines"},"content":{"rendered":"<div class=\"govspeak\">\n<p>Defence Secretary Michael Fallon has <a rel=\"external\" href=\"http:\/\/www.parliament.uk\/business\/publications\/written-questions-answers-statements\/written-statement\/Commons\/2016-03-03\/HCWS576\/\">today announced<\/a> \u00a3642 million of investment for the Successor submarine programme. The funding will help to progress work on the four new submarines that will begin replacing the Vanguard class, from the 2030s. The funding will go towards new parts and facilities, as well as further design work.<\/p>\n<p>The investment will include \u00a3225 million of investment for new facilities, at BAE Systems at Barrow-in-Furness, where the submarines will be assembled. That investment will ensure the submarines are built with maximum efficiency. <\/p>\n<p>The funding will also see significant investment in the UK\/US collaboration for the Common Missile Compartment and around \u00a3200 million for the submarine\u2019s power plant, including long lead items. This confirms the announcement made in last year\u2019s Strategic Defence and Security Review and will provide a sound foundation for the next phase where we will be taking a staged investment approach. <\/p>\n<p>Defence Secretary Michael Fallon said:<\/p>\n<blockquote>\n<p>Our nuclear deterrent provides the ultimate guarantee of our security and our way of life. That\u2019s why we are getting on with this investment.<\/p>\n<p class=\"last-child\">This money will support further design work, new infrastructure and the purchase of key parts such as engines and gearboxes, as well as jobs across the UK.<\/p>\n<\/blockquote>\n<p>This investment of \u00a3642 million will take the total cost of the Assessment phase to \u00a33.9 billion.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Defence Secretary Michael Fallon has today announced \u00a3642 million of investment for the Successor submarine programme.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/68182"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=68182"}],"version-history":[{"count":1,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/68182\/revisions"}],"predecessor-version":[{"id":68194,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/68182\/revisions\/68194"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}