Britain is in danger of another defence spending blow-up after a complex part of the new Dreadnought submarine fleet soared in price. Engineers have told officials that a stability system for the nuclear submarines will cost more than an entire warship, stoking fears that Britain’s costliest defence project is veering off budget. Industry insiders said the £270m cost of the trim and compensation system, which will ensure the vessels are stable when firing Trident missiles, had stunned officials. It is at least five times more than expected, sources said, and exceeds the £250m price tag for a Type 31 frigate.
Times 15th April 2018 read more »