Upgrade of nuclear submarine to secure 2,000 jobs over three years
Philip Hammond will unveil the deal with defence firm Babcock to refit and refuel HMS Vengeance during a visit to Devonport Dockyard in Plymouth, where the work will be done.
The MoD said the work on the Vanguard Class submarine would secure more than 1,000 jobs at Babcock, a further 300 at other firms in Plymouth and another 700 jobs in the industrial supply chain across the UK.
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Hide AdMr Hammond will tell a press conference: “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.”