A boat yard in Barrow has received a £300 million boost for their shipyard, as the Ministry of Defence has contracted them for work. The work will consists of the manufacturing of the fifth and sixth Astute class submarines, a deal worth more than £300 million. The job is expected to generate thousands of jobs in the Barrow area, which will come as a welcome boost during this time of recession.
Bob Ainsworth, the Secretary of State for Defence said: "The Government has made a contractual commitment to proceed with the initial build of Astute Boat 5 and long lead procurement activities associated with Astute Boat 6, at a total cost of over £300 million. This commitment is necessary now to ensure a consistent workload for the UK's submarine building industry. This investment will allow the timely delivery of the Astute class boats, which are the biggest and most advanced attack submarines ever ordered for the Royal Navy"
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