UK needs $46B to replace ageing nuclear submarines | Inquirer News

UK needs $46B to replace ageing nuclear submarines

/ 10:29 AM November 24, 2015

LONDON, United Kingdom — The estimated cost of replacing the submarines which carry Britain’s nuclear weapons has shot up by £6 billion (8.5 billion euros, $9.0 billion), the government revealed Monday.

The latest estimate of £31 billion ($46 billion) features in the Strategic Defense and Security Review (SDSR), the government’s five-year strategy for defense.

That compares to a previous defense ministry estimate of £25 billion which was still being quoted earlier this year.

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On top of the £31 billion, the SDSR also factors in an extra £10 billion of “contingency” funding for the project.

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Britain currently has four submarines in its ageing Trident fleet, at least one of which is on patrol somewhere in the world 24 hours a day.

The government wants to replace those with four so-called Successor submarines, the first of which would enter service in the early 2030s.

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Ministers are due to take the final decision on replacing them in 2016 but the issue is intensely controversial.

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The leader of the main opposition Labor party, Jeremy Corbyn, is opposed to nuclear weapons though some of his MPs support them.

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The pro-independence Scottish National Party is also fiercely against Trident and is leading a House of Commons debate on the issue Tuesday.

The nuclear submarines are housed at Faslane naval base west of Glasgow.

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Most MPs had long assumed they would be given a vote on whether to replace Trident but Downing Street indicated Monday that that may not be the case.

“We are committing at this stage to a debate,” Cameron’s spokeswoman told reporters.

“We are not putting a time on it. We are not ruling out that there will be a vote.”

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The Trident announcement comes as the SDSR confirmed there would be major budget cuts elsewhere in the Ministry of Defense, including laying off 30 percent of its civilian staff.

TAGS: Britain

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