BAE Systems to invest £300m in site at Barrow

850 new jobs are being created at BAE in Barrow as the site gets ready to build Britain's next generation of nuclear submarines.

The £300 million investment could mean a thousand more jobs from 2016 too - if the government goes ahead with plans to replace the Trident nuclear deterrent.

Defence giant BAE Systems is to invest more than £300 million at one of its sites, at Barrow in Cumbria, to "transform" its submarine building capabilities.

Defence Secretary Philip Hammond said:

The BAE Systems site Barrow-in-Furness is to undergo a major £300m transformation.

The defence contractor has released a video of what it hopes to achieve.

Hundreds of jobs will be created at the submarine site in Barrow, which is set to receive £300m of investment.

BAE Systems announced it is investing in an eight-year programme, which will employ around 850 contractors at its peak.

Tony Johns, Managing Director of BAE Systems Maritime said:

BAE Systems has announced it will invest £300m in its submarine yard in Barrow, in Cumbria, over the next eight years.

The money will be used to prepare the site for the next generation of nuclear submarines, which will replace the current Vanguard class.

A new building to store submarine parts and materials will also be built as part of the plans.