Kate Hollern – 2016 Parliamentary Question to the Ministry of Defence

The below Parliamentary question was asked by Kate Hollern on 2016-02-24.

To ask the Secretary of State for Defence, what the risk provision is in the cost estimate announced in the Strategic Defence and Security Review for the Successor submarine programme.

Mr Philip Dunne

As stated in the Strategic Defence and Security Review, our latest cost estimate for manufacturing the four Successor submarine programme is £31 billion, plus a contingency of £10 billion. This includes an assessment of the likely inflation over the lifetime of the programme and the risks appropriate for a project at this stage.

I am withholding the specific estimate for inflation and risk, as to do so would prejudice the Department’s commercial interests.