The UK Ministry of Defence (MoD) may cancel the Royal Navy’s two £5.2bn aircraft carriers to cut costs.
Free Buyers Guide
Leading Guide to Submarine and Submersible Suppliers for the Naval Industry
Thank you.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Your download email will arrive shortly. Please check your mail inbox to download the buyer's guide
You may also be interested in:
BAE chief executive Ian King said the MoD had requested to look at scrapping one or both of the 65,000t replacement warships under construction.
“We are at a critical point with some programmes where if you cut back those programmes you would not be able to reconstitute that capability in the UK,” he said.
The MoD is reviewing in order to cut its £36.9bn annual budget by 20% and the defence equipment is cumulatively £36bn over budget, according to the Daily Mail.
The two carriers, HMS Queen Elizabeth and HMS Prince of Wales, are due for launch in 2016 and 2018 respectively.
Free Buyers Guide
Leading Guide to Submarine and Submersible Suppliers for the Naval Industry
Thank you.
Your download email will arrive shortly. Please check your mail inbox to download the buyer's guide
You may also be interested in:
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Naval Technology Excellence Awards - Nominations Closed
Nominations are now closed for the Naval Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action
Virtualitics has secured the Innovation and Business Expansion awards for its Integrated Readiness Optimization (IRO) suite. Discover how its explainable AI is transforming maintenance, sustainment and mission readiness, giving defence leaders faster, clearer, and more confident operational decisions.
