UK weapons spending – $550 million for nuclear submarines
U.K. To Announce $550 Million In Nuclear Submarine Contracts, Bloomberg, By Robert Hutton – May 20, 2012 The U.K. plans to announce this week which British companies will be sharing in 350 million pounds ($550 million) worth of contracts designing its next generation of nuclear-powered submarines…… During the 2010 general election, the Liberal Democrats, the junior partner in Prime Minister David Cameron ’s coalition, called for Trident to be replaced with a cheaper, land-based missile system. The government will argue that it has since brought defense spending under control.
http://www.bloomberg.com/news/2012-05-20/u-k-to-announce-550-million-in-nuclear-submarine-contracts.html
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