The UK Ministry of Defence has finalized a substantial £9 billion contract with Rolls-Royce, intended to bolster operations for British nuclear submarines. This eight-year agreement is anticipated to secure 4,000 existing jobs while generating over 1,000 new employment opportunities. Defence Secretary John Healey emphasized the deal as a demonstration of using defense spending as an economic driver and underscored the importance of the UK's nuclear deterrent. Shadow Defence Secretary James Cartlidge echoed the significance of continued investment in the nuclear sector amid evolving threats faced by Britain.
The investment in Britain's defence will deliver a long-term boost to British business, jobs and national security.
This investment demonstrates the UK's commitment to its nuclear deterrent as our ultimate insurance policy in a more dangerous world.
It's vital that we continue to invest in the nuclear enterprise, and I welcome this news, building on work under the previous Conservative government.
The threats facing Britain are only growing, so it's more important than ever to support the defence nuclear programme.
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