Thursday, May 19, 2011

Britain's New Trident Fleet To Cost £25bn

Nuclear submarine HMS Vanguard arriving back at HM Naval Base. Photo from Defpro

New Trident Fleet Cost Will Top £25bn -- The Guardian

Defence secretary Liam Fox announces new funding but says Lib Dems will oversee review into 'alternatives'.

The cost of a new fleet of Trident nuclear missile submarines could more than double to £25bn by the time they are built, the defence secretary, Liam Fox, told MPs.

The figure was released as the Ministry of Defence announced significant new funding for a new Trident system even though, at the Lib Dems' behest, a final decision is not due to be taken until after the next general election.

The figure does not include the price of warheads, the running costs, and the bill for leasing Trident missiles from the US.

Read more ....

More News on Britain's New Submarine Fleet

Trident replacement to go ahead, Fox confirms -- BBC
Fox angers MPs by ordering plans for a new Trident fleet -- Daily Mail
UK Announces Plans for Successor Nuclear Deterrent Submarine -- Defpro
Work begins on new Trident system - at a cost of £25billion -- Mirror
UK to spend 3 bln pounds on nuclear sub work -- Reuters
Work on Trident nuclear renewal gets go ahead -- BBC
Britain Approves Design of New Nuclear Submarines -- Defense News/AFP
Billions are spent on 'son of Trident' but future still in doubt -- News Scotland
Fox undermines review of Trident -- Herald Scotland
Trident review seeks cheaper option -- Financial Times
Q&A: Trident replacement -- BBC

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