DEFENCE is to get an extra £5 billion in the Budget but it is to be spread over the next two and a half years, and mostly to be devoted to two areas in need of immediate funding — ammunition supplies and reserves for Ukraine, and investment in the nuclear submarine programme. This last area has been given a boost by the plans to develop Australia’s nuclear-powered subs based on a British design, and with British input and training.
But that only cranks up in two time, and the first SSN-AUKUS Anglo-Australian sub is unlikely to hit the water for another 15 years at least.
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