The MoD has reached an agreement with AWE Management Limited (AWEML), which will see the MoD invest £1 billion a year over the next five years. This will provide investment in skills and facilities at the company’s site in Aldermaston and Burghfield, Berks, where more than 4,500 staff are based.
Around 40 per cent of this money will be invested in essential capital projects, including production and research facilities. The remainder will be spent on operating and maintaining the AWE.
Atomic Weapons Establishment is a centre of scientific and technological excellence, with some of the most advanced research, design and production facilities in the world. This investment announced today will help maintain 4,500 jobs and a key capability, which is essential for our national security.”