Context of the 2014 Amendment Sample Clauses

Context of the 2014 Amendment. The latest amendment to the MDA will come at a significant time for the UK’s nuclear deterrent. Following a Parliamentary vote in 2007, the UK has been committed to the replacement of the current nuclear deterrent from 2028 onwards. The procurement of complex weapons systems such as the Trident successor is a lengthy process and as such concept and design work began almost immediately after the 2007 vote. The 2010 Strategic Defence and Security Review subsequently made several changes to the timetable of the successor programme. Under current proposals the Government is expected to make the following key decisions within the next ten years (the timeframe for the proposed amendment to the MDA):  Main Gate on the successor programme, and the point at which the major investment decision will be taken, is scheduled for 2016.  A decision on a replacement warhead will be taken in 2019. The current forecast costs for the successor programme remain within the estimates initially set down in the Government’s 2006 White Paper, i.e. £15-20bn, including £11-14bn for the successor platform, £2bn to £3bn for the warhead and £2bn to £3bn for the infrastructure (2006/2007 prices).14 The overall figure equates to approximately £17.5bn -23.4bn in 2013/14 prices. The 2013 Update to Parliament stated that the forecast cost to Assessment Phase completion (i.e. the period up to Main Gate in 2016) “remains within the £3 billion envelope” approved at Initial Gate and that assessment phase spending is expected to represent approximately 15% of the total value of the programme (if based on a four boat fleet).15 On that basis, a further £15bn -20bn (2013/14 prices) remains to be spent up until completion of the programme. The majority of that money will be spent during the next decade, and the period which the forthcoming amendment to the MDA will cover. Indeed, according to the latest MOD Equipment Plan, approximately one quarter of total committed MOD spending on equipment over the next ten years will be on submarine and deterrent systems.16 The MOD also announced in May 2012 its commitment to continue investing £1bn a year in facilities at the Atomic Weapons Establishment under the Nuclear Weapons Capability Sustainability Programme, until 2020.17 This programme does not relate to any replacement 12 White House, Message to the Congress, 24 July 2014 13 See xxxx://xxx.xxxxxxx.xxxxxx.xxx/hearings for updates 14 HC Xxx 13 February 2014, c850W 00 Xxxxxxxx xx Xxxxxxx, Xxx Xxxxxx Xxx...
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