2016 Report details for project: DREADNOUGHT

Project name: DREADNOUGHT - there are 7 reports for this project: 2013, 2014, 2015, 2016, 2017, 2018, 2019
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Organisation: MOD (D17) - see all reports for this organisation
Report year: 2016 (data is from Sept 2015)
Category: Military - see all reports for this category
Description: The design, development and manufacture of 4 Successor SSBN Class submarines.
DCA (RAG): Amber/Red
DCA text: SDSR announced intention to improve delivery performance and confidence.
Start date: 2011-04-14
End date: None
Schedule text: Schedule assumptions are maturing, tending towards longer duration, to be assessed and declared at next investment decision.
Baseline: £770.41m
Forecast: £739.34m
Variance: None%
Variance text: In February 2016, HM Treasury agreed, as set out in SDSR15, the further investment of £642 million in the Assessment Phase, including further submarine design de-risking and buying essential long-lead items for the fourth submarine. This will take the total cost of the Assessment Phase for the Successor submarine programme to £3.9 billion.
Whole Life Cost: £31,000.00m
WLCost text: It is intended to pursue an incremental approval approach to this programme, in order to maintain better control of cost. The programme estimate published in SDSR is for a 35-year period and includes £10B for contingencies.
Notes1: Successor SSBN Budget variance less than 5%.
Notes2:
Sourcefile: IPA_2016.csv

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Acknowledgement: GMPP data has been re-used under the Open Government Licence.