AIRLINK 78.39 Increased By ▲ 5.39 (7.38%)
BOP 5.30 Decreased By ▼ -0.05 (-0.93%)
CNERGY 4.32 Increased By ▲ 0.01 (0.23%)
DFML 30.87 Increased By ▲ 2.32 (8.13%)
DGKC 77.90 Increased By ▲ 3.61 (4.86%)
FCCL 20.59 Increased By ▲ 0.24 (1.18%)
FFBL 32.15 Increased By ▲ 1.25 (4.05%)
FFL 10.22 Increased By ▲ 0.16 (1.59%)
GGL 10.30 Decreased By ▼ -0.09 (-0.87%)
HBL 117.85 Increased By ▲ 1.88 (1.62%)
HUBC 134.40 Increased By ▲ 2.20 (1.66%)
HUMNL 6.85 Increased By ▲ 0.17 (2.54%)
KEL 4.14 Increased By ▲ 0.11 (2.73%)
KOSM 4.75 Increased By ▲ 0.15 (3.26%)
MLCF 38.81 Increased By ▲ 0.27 (0.7%)
OGDC 134.55 Increased By ▲ 0.70 (0.52%)
PAEL 23.45 Decreased By ▼ -0.38 (-1.59%)
PIAA 26.90 Decreased By ▼ -0.23 (-0.85%)
PIBTL 7.01 Increased By ▲ 0.25 (3.7%)
PPL 113.40 Increased By ▲ 0.60 (0.53%)
PRL 27.79 Decreased By ▼ -0.37 (-1.31%)
PTC 14.57 Decreased By ▼ -0.32 (-2.15%)
SEARL 56.40 Decreased By ▼ -0.02 (-0.04%)
SNGP 66.35 Increased By ▲ 0.55 (0.84%)
SSGC 11.00 Decreased By ▼ -0.01 (-0.09%)
TELE 9.14 Increased By ▲ 0.12 (1.33%)
TPLP 11.72 Decreased By ▼ -0.18 (-1.51%)
TRG 71.79 Increased By ▲ 2.69 (3.89%)
UNITY 24.05 Increased By ▲ 0.34 (1.43%)
WTL 1.34 Increased By ▲ 0.01 (0.75%)
BR100 7,494 Increased By 59.9 (0.81%)
BR30 24,525 Increased By 304.9 (1.26%)
KSE100 72,040 Increased By 680.6 (0.95%)
KSE30 23,810 Increased By 243.6 (1.03%)

imageLONDON: Britain's ministry of defence said on Saturday that construction work will begin on the country's new nuclear submarines, announcing nearly 1.3 billion pounds ($1.7 billion) of new investment with defence firm BAE Systems .

Lawmakers backed renewing Britain's ageing nuclear weapons system earlier this year, a multi-billion pound project regarded as key to maintaining the country's status as a world power following its vote to leave the European Union.

"The investment will support delivery of the Government's commitment to retain the Trident-based continuous at sea deterrent - the ultimate guarantee of our safety - and build the new fleet of four Successor Ballistic Missile submarines," the defence ministry said in a statement.

BAE Systems said the first new submarine will enter service in the early 2030s.

Copyright Reuters, 2016

Comments

Comments are closed.