The UK Ministry of Defense (MoD) has announced an investment of £201m to support the design and development of the Royal Navy's future nuclear deterrent Successor submarines.
The investment is said to be a part of the overall £3.3bn package, which was announced in the last parliament for the assessment phase of the Successor submarine programme.
BAE systems will use the funding to develop the design of the submarine including designing the layout of the new vessel's equipment and systems, plan the manufacturing process, and produce early prototypes.
The Successor programme will also see participation of Babcock International, Rolls-Royce, as well as other suppliers from small and medium-sized businesses in designing and developing the stealth submarine.
The new submarines are set to replace Royal Navy's existing fleet of four Vanguard-class submarines by the early 2030s.
The MoD stated that the new set of submarines will be one of the stealthiest submarines in the world, and will be incorporated with features to facilitate a safe operation with technical enhancements.
UK Defence Secretary Michael Fallon said: "When there are 17,000 nuclear weapons in the world, we can't wish away threats we face now and those that may emerge in the 2030s, 2040s, and 2050s."
The project, which will employ 2,500 skilled personnel from the companies associated, is expected to generate 1,400 new jobs, increasing the number of people in employment at HM Naval Base Clyde to 8,200 by 2022.
Image: An artist's impression of the new submarine. Photo: courtesy of GOV.UK.