James Cartlidge
The Minister for Defence Procurement
The Dreadnought submarine programme remains within overall budget and on track for the first of class, HMS Dreadnought, to enter service in the early 2030s. Inflation has remained higher than expected for an extended period and has had an adverse impact on the cost forecasts for the programme compared with the forecasts from a year earlier. As the programme is in its preliminary phases, it is too early to provide cost estimates for the replacement warhead programme.