Aircraft carrier cost 'doubled'

The price tag for the Royal Navy's new aircraft carriers is reported to top more than £6bn as the Government prepares to announce further cost overruns.

Live updates

Portsmouth aircraft carriers cost 'to double'

HMS Queen Elizabeth Credit: Aircraft Carrier Alliance

The price tag for the Royal Navy's new Portsmouth-based aircraft carriers is set to top more

than £6bn as the Government prepares to announce further cost overruns, according to reports.

Defence Secretary Philip Hammond is expected to announce the projected cost of the two carriers - which will not enter service until the end of the decade - has risen by another £800m to £6.2bn.

The latest increase means the bill for the 65,000-ton ships will be almost double the £3.5bn estimated when the programme was agreed by the last Labour government in 2007.

Back to top