Osborne: UK to have the most modern Navy in the world

westminsterSummary: Chancellor George Osborne has set out the government’s plans to build the ‘most modern Navy in the world’.

Speaking in Portsmouth, Mr Osborne announced a new national shipbuilding strategy with a new multimillion-pound warship being built every two years.

The new strategy will ensure that the Royal Navy continues to have the capability it needs to protect the UK’s interests, retaining its status as the most modern Navy in the world. The investment will provide significant employment opportunities in Portsmouth and Plymouth including new apprenticeships.

The Royal Navy is currently undergoing extensive modernisation with new equipment, ships and submarines, two Queen Elizabeth Class Aircraft Carriers and the upcoming renewal of the Trident submarine programme.

The Chancellor also announced almost £100m of infrastructure development in new dock facilities at Portsmouth Naval Base to further support the arrival of the Queen Elizabeth Class Aircraft Carriers.

The infrastructure work will encompass berthing and jetty improvements, new power supply and distribution as well as significant dredging works.

Mr Osborne said: “Ensuring a better and more secure future for Britain means equipping our Royal Navy for the challenges of the 21st century. It is only because we have a long term economic plan that we able to invest in our national security. Our ambition is to deliver the most modern Navy in the world which the government believes is a national necessity. It will maintain and create jobs and deliver a more secure future for Britain.”


Who are we?

From publishing the first national directory of public sector contracts, to being the first to market with our online Tracker solution, we have been the true pioneers of technology and innovation in the public sector marketplace. Throughout our 39 years, we have continued to evolve and chart new territory – placing our customers at the heart of everything we do. Take your business to the next level with Tracker now.

If you request a demo today!

Download your Free UK Defence Industry Report

Get SAAS-Y This Summer with DCI

Start Your Free Trial Today

Download your Free UK Defence Industry Report

Download your Free UK Defence Industry Report

When you sign up for a 3 day free trial or demo.

Limited time only

    BiP Solutions owns DCI and we look after your details carefully. We offer a range of products, services and events (some of which are free) that help buyers tender more efficiently and suppliers find, bid for and win public and private sector contracts. Only tick this box if you wish to receive information about these. We will never share your details with third parties and you will have the opportunity of opting out of communications every time we contact you. For further details, please see our Privacy Policy