New Rolls-Royce Submarine Contract – A new ten (10) year £800 million contract, which will help sustain around 2,000 jobs across the UK, will allow Rolls-Royce to deliver and maintain the nuclear power source for the Royal Navy’s ASTUTE Class of Fleet Submarines and the future SUCCESSOR Deterrent Submarines.

Part of the Submarine Enterprise Performance Programme will transform its operations to carry out its work at best value for the taxpayer by consolidating costs into one agreement.  The MoD and Rolls-Royce expect to make savings of around £ 200 million over the next decade.