BAE Systems to invest £300m in site at Barrow
BAE Systems has announced it will invest £300m in its submarine yard in Barrow, in Cumbria, over the next eight years.
BAE Systems has announced it will invest £300m in its submarine yard in Barrow, in Cumbria, over the next eight years.
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:
"Barrow has a proven track record of designing and building submarines with a battle winning edge for the Royal Navy.
"The next generation nuclear-deterrent submarines that will be built in Barrow will be the largest and most advanced submarines ever operated by the Royal Navy.
The £300 million of infrastructure work that will take place over the coming years will not only protect 6,000 highly skilled jobs at the site, but also provide hundreds of additional construction jobs."
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