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26/03/2012
Submarine Refit Contract Secures 2,000 Jobs
2,000 UK jobs will be safeguarded by a new £350m contract to refit and refuel a Royal Navy nuclear missile submarine, the defence secretary is to announce.
At a Plymouth dockyard today Philip Hammond will say that defence firm Babcock will upgrade HMS Vengeance securing 1,000 jobs at Babcock, 300 at other firms in Plymouth, and 700 elsewhere.
"As well as securing 2,000 UK jobs, this contract will ensure the nuclear deterrent submarine fleet can continue to operate safely and effectively to maintain a continuous at-sea deterrent,” he is expected to say.
"As we stabilise the defence budget we are increasingly able to commit to equipment projects to safeguard the UK's national security.
"Devonport Dockyard is at the heart of maintaining and supporting the Royal Navy and I am pleased that such a large number of jobs will be protected."
Along with a complete overhaul of equipment, improved missile launch capabilities and upgraded computer systems, a new reactor core will be fitted into the 15,000-tonne. The new core will last the submarine until she is decommissioned.
At a Plymouth dockyard today Philip Hammond will say that defence firm Babcock will upgrade HMS Vengeance securing 1,000 jobs at Babcock, 300 at other firms in Plymouth, and 700 elsewhere.
"As well as securing 2,000 UK jobs, this contract will ensure the nuclear deterrent submarine fleet can continue to operate safely and effectively to maintain a continuous at-sea deterrent,” he is expected to say.
"As we stabilise the defence budget we are increasingly able to commit to equipment projects to safeguard the UK's national security.
"Devonport Dockyard is at the heart of maintaining and supporting the Royal Navy and I am pleased that such a large number of jobs will be protected."
Along with a complete overhaul of equipment, improved missile launch capabilities and upgraded computer systems, a new reactor core will be fitted into the 15,000-tonne. The new core will last the submarine until she is decommissioned.
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