nuclear-news

Rocketing costs of Britain’s nuclear weapons projects

Cost of MoD nuclear projects is rocketing   The Times, 29 Apr 19, The government’s defence nuclear enterprise will cost 26 per cent more than previously forecast over the next three years, a report says.

The Ministry of Defence is facing a funding gap of up to £14 billion in its ten-year equipment plan. In the report, out tomorrow, the Nuclear Information Service (NIS), a campaign organisation that monitors the nuclear defence industry and promotes transparency, also raises concerns that five upgrade projects within the programme are experiencing financial difficulties. Four upgrade projects have already been scrapped, it says.

The three big upgrade projects for which information is released are rated either “amber/red” or “red”, meaning that delivery of the projects is either under threat or appears impossible.

The report says: “There is serious potential for delays to…(subscribers only)  https://www.thetimes.co.uk/article/cost-of-mod-nuclear-projects-is-rocketing-7t2mjl62d

April 30, 2019 - Posted by Christina Macpherson | UK, weapons and war