The shipbuilding fund was originally announced in 2020 but the strategy has been refreshed, with Boris Johnson set to mention 'rising Russian aggression'.
"The National Shipbuilding Strategy will transform this important and crucial industry, creating jobs, driving technology development and upskilling the shipbuilders of tomorrow, ensuring we are levelling up across every dock, port and shipyard in the UK," he said.Boris Johnson will announce the fund at a shipyard
Defence Secretary Ben Wallace said:"As shipbuilding tsar, I am proud to be announcing our new strategy, this is an exciting time to be involved in the sector. However, Labour's shadow defence procurement minister, Chris Evans, said the government is"failing to ensure ships are built in the Uk and to secure local jobs".
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