UK to spend 3 bln pounds on nuclear sub work
The British government said on Wednesday it had chosen a design for a new generation of nuclear-armed submarines and expected to spend about 3 billion pounds ($4.9 billion) on the next phase of the project.
"I am announcing today that we have approved the 'initial gate' investment and selected a submarine design that will be powered by a new generation of nuclear propulsion system ... that will allow our submarines to deliver a nuclear deterrent capability well into the 2060s if required," Defence Secretary Liam Fox told parliament.
"We expect the next phase of work to cost in the region of 3 billion pounds," he said.
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