Defence giant BAE Systems is to invest more than £300 million at one of its sites, at Barrow in Cumbria, to "transform" its submarine building capabilities.
Defence Secretary Philip Hammond said:
"Barrow has a proven track record of designing and building submarines with a battle winning edge for the Royal Navy.
"The next generation nuclear-deterrent submarines that will be built in Barrow will be the largest and most advanced submarines ever operated by the Royal Navy.
The £300 million of infrastructure work that will take place over the coming years will not only protect 6,000 highly skilled jobs at the site, but also provide hundreds of additional construction jobs."
The BAE Systems site Barrow-in-Furness is to undergo a major £300m transformation.
The defence contractor has released a video of what it hopes to achieve.
Hundreds of jobs will be created at the submarine site in Barrow, which is set to receive £300m of investment.
BAE Systems announced it is investing in an eight-year programme, which will employ around 850 contractors at its peak.
Tony Johns, Managing Director of BAE Systems Maritime said:
“Redevelopment of the site is fundamental to the future of our business and will ensure we stay at the forefront of submarine design, build, test and commissioning.
“This investment will provide a modern, 21st unique skills and expertise that have delivered complex submarines to the UK Royal Navy for over a century.
“The Successor programme, to replace the Vanguard class submarines, remains subject to final approval in 2016, but it is vital we begin these improvements now in order to achieve the Government's target of having the first submarine in service by 2028.”
BAE Systems has announced it will invest £300m in its submarine yard in Barrow, in Cumbria, over the next eight years.
The money will be used to prepare the site for the next generation of nuclear submarines, which will replace the current Vanguard class.
A new building to store submarine parts and materials will also be built as part of the plans.
Paul Casson, a dallas based business man has officialy put in an offer to buy Barrow AFC.Read the full story ›
Submarine builders in Barrow have won contracts worth £79m, for initial work on Britain's next generation of nuclear deterrent subs.
The Ministry of Defence announced it had agreed two contracts with BAE Systems. The initial work includes structural fittings, electrical equipment, castings and forgings which must be ordered now, according to Defence Secretary Philip Hammond.
The new vessels are due to enter service by 2028.
Mr Hammond said: "The Successor programme is supporting around 2,000 jobs and up to 850 British businesses could benefit from the supply chain as we exploit the most modern technologies, and employ a significant portion of the UK's engineers, project managers and technicians over the coming years."
Admiral Sir George Zambellas, First Sea Lord, said: "The Royal Navy has been operating continuous at-sea deterrent patrols for more than 40 years and the Successor submarines will allow us to do so with cutting-edge equipment well into the future."
Both contracts, one of £47m and another of £32m, will be filled by workers in Barrow-in-Furness.
The body of a man has been pulled from water in Barrow in Cumbria. A member of the public alerted the police to the area of Avon Street at around 3pm.
A male body was recovered from water to the shore. Formal identification has not yet taken place and enquiries are on-going.
A group of teenagers in Barrow are working to keep children healthy in the region. A running group in the town has organised a special training programme for teenagers and disabled athletes. Rachel Townsend has been to find out more:
Britain can maintain a credible nuclear deterrent without a like-for-like replacement of its Trident submarine fleet, a review by the Liberal Democrats has concluded.
The review, led by Treasury Chief Secretary Danny Alexander, said there are alternatives to the UK's current nuclear stance which requires at least one nuclear-armed submarine always to be at a sea.
However, it accepts that cutting the size of the current four-vessel fleet would not offer the same degree of resilience as the current continuous-at-sea deterrent and would not guarantee "a prompt response in all circumstances".
The review was launched by Prime Minister David Cameron and Deputy Prime Minister Nick Clegg as part of the coalition agreement - reflecting the Lib Dems' opposition to a like-for-for like replacement for the Trident submarine fleet - which the Tories strongly support.
Mr Cameron reiterated that the review did not change current Government policy - with the key decisions on whether to go ahead not due to be taken until 2016 after the next general election.
The review concluded: "The analysis has shown that there are alternatives to Trident that would enable the UK to be capable of inflicting significant damage such that most potential adversaries around the world would be deterred."
"None of these alternative systems and postures offers the same degree of resilience as the current posture of continuous at sea deterrence, nor could they guarantee a prompt response in all circumstances."