Context
The MP is concerned about the financial implications of the Trident replacement due to rising inflation and pressure on government budgets.
Question
What recent estimate has been made of the lifetime cost of Trident renewal. The Dreadnought submarine programme faces higher-than-expected inflation, adversely impacting its cost forecasts. Given this context, what are the total lifetime costs?
Answer from James Cartlidge
The Dreadnought submarine programme remains within overall budget and on track for HMS Dreadnought to enter service in the early 2030s. Inflation has impacted forecasts, but it is too early to provide cost estimates for the replacement warhead programme.
Not addressed: The total lifetime costs of Trident renewal were not provided.
How: It Is Too Early To Provide Cost Estimates
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