UK Defense Ministry To Allocate Extra $511Mln For Nuclear Submarines Modernization

UK Defense Ministry to Allocate Extra $511Mln for Nuclear Submarines Modernization

UK Defense Secretary Gavin Williamson on Thursday announced extra 400 million pounds ($511 million) funding for its Dreadnought program that will build four nuclear-powered submarines.

LONDON (Pakistan Point News / Sputnik - 06th December, 2018) UK Defense Secretary Gavin Williamson on Thursday announced extra 400 million Pounds ($511 million) funding for its Dreadnought program that will build four nuclear-powered submarines.

"This 400m [$511m] investment will ensure the Dreadnought programme remains on track, so we continue to have a nuclear deterrent at sea," Williamson said in a statement.

The project - estimated at 31 billion pounds - will replace the current nuclear-powered ballistic missile submarines of the Vanguard class.

The first submarine of the new class has been named HMS Dreadnought. Williamson said the second sub would carry the name of HMS Valiant to honor the vessel that played a role in the Falklands conflict with Argentina.