A new British Ministry of Defence agency being set up to oversee the construction of a fleet of nuclear missile submarines for the Royal Navy will start operations next April with ex-railway construction boss Robert Holden named as the interim chairman.

In an annual update to Parliament on progress with Britain’s £31 billion (US $38.4 billion) nuclear deterrent program, Defence Secretary Michael Fallon said that subject to formal approval staff currently employed on the project at the Defence Equipment & Support (DE&S) organization will start moving across to the new executive agency from April 1. Continue Reading.