UK announces 4 billion pound deal to build attack submarines


British defense minister Grant Shapps announced on Sunday a 4 billion pound ($4.9 billion) deal to build attack submarines.

“Our ultimate national insurance is of course our at-sea nuclear deterrent,” Shapps told the governing Conservative Party’s annual conference in the northern English city of Manchester.

“Today, I can announce we have signed contracts with leading British businesses to drive forward and develop the most powerful attack submarines ever operated by the British Navy.”

Source(s): Reuters


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