Print Print    Close Close

Britain's government considers putting off program to build new nuclear armed submarine fleet

Published November 17, 2014

Associated Press

LONDON (AP) — Britain's defense ministry says it could delay a decision on when to begin a planned 20 billion pound ($30 billion) program to replace its fleet of four nuclear-armed submarines.

The defense ministry is cutting its 36 billion pound ($54 billion) annual budget over the next five years to meet a government drive to slash Britain's huge national debts.

Defense Secretary Liam Fox confirmed in July the timetable for new nuclear submarines would be considered alongside a wider review of defense priorities.

His ministry said Thursday that decisions will be considered once the review is published later this year.

Delaying the program until after 2014 would deliver savings. But some experts warn expertise on submarine building would be lost in the meantime.

Print Print    Close Close

URL

https://www.foxnews.com/world/britains-government-considers-putting-off-program-to-build-new-nuclear-armed-submarine-fleet

  • Home
  • Video
  • Politics
  • U.S.
  • Opinion
  • Entertainment
  • Tech
  • Science
  • Health
  • Travel
  • Lifestyle
  • World
  • Sports
  • Weather
  • Privacy
  • Terms

This material may not be published, broadcast, rewritten, or redistributed. © FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. Do Not Sell my Personal Information - New Terms of Use - FAQ