Astute Class Submarine: BAE Contract Negotiations
House of Lords
Lord Bach (Parliamentary Under-Secretary, Ministry of Defence; Labour)
I announced on
This amended contract, which covers the design and construction of the first three boats, is designed to reduce risk while incentivising the company to improve its performance in delivering the programme. It also covers a number of project management improvements and oversight.
Considerable progress has already been made in introducing these improvements and the MoD will be looking to the company to build on this as we jointly restore confidence in the programme. In February, we announced that the ISD for the first of class would be delayed. The company is now formally working to deliver "HMS Astute" in 2008.