Rolls-Royce has submitted plans to almost double the size of its Raynesway site in Derby and create more than 1,000 new jobs in the city so it can help build the next generation of nuclear submarines.
The engineering giant is planning the major expansion in its home city to put together the reactors for a deal struck in March between the UK, US and Australia. The so-called AUKUS agreement will create what Rishi Sunak said would be “one of the most advanced” submarines “the world has ever known”.
The Raynesway changes will be funded by the MoD so that it can help build the new attack submarines as part of the tri-lateral agreement.