£60m nuclear sub deal secures 700 jobs at Derby’s Rolls-Royce factory

Guto Bebb MP Minister for Defence Procurement meeting with Steve Dearden President - Submarines (right) during a visit to Rolls-Royce Raynesway Derby. (Crown Copyright.)

A £60m contract to produce new reactor cores for the next generation of the UK’s nuclear-armed submarines has been awarded to Derby’s manufacturing giant, Rolls-Royce, sustaining over 700 jobs in the city.

The contract comes as the Ministry of Defence announced a £2.5 billion boost to Britain’s submarine building projects.

Defence Minister Guto Bebb who visited the Derby factory said: “The Dreadnought Programme is a true national endeavour, furthering our world-class nuclear capability.

“Today’s announcement includes a £60m contract for Rolls-Royce, supporting over 700 jobs here in Derby as the factory continues to make the reactors that will power our state-of-the-art Dreadnought subs into the 2060s.

“I’d like to thank everyone at Rolls-Royce in Derby for their contribution to maintaining our Continuous at Sea Deterrent, protecting us against the most serious threats to our way of life, every hour of every day.”

The Submarine Delivery Agency, which was established last month, will project manage the construction of future Royal Navy submarines, and support those in-service, working with Navy Command and the newly established Defence Nuclear Organisation.

Steve Dearden, President-Submarines for Rolls-Royce said: “The Dreadnought class programme is a vital, national endeavour and we are immensely proud of the role that we play as custodian of the naval nuclear propulsion capability in the UK.

“Dreadnought will be powered by the next generation Naval Pressurised Water Reactor technology, which will be simpler, require 30% less maintenance and have reduced in-service costs. Today’s delivery phase II announcement allows us to move from design through to manufacture and the delivery of major components that are essential for the submarine build timeline.”