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Ministry of Defence written statement – made at on 14 July 2026.
Luke Pollard
The Minister of State, Ministry of Defence
I am today announcing the largest investment in the United Kingdom’s naval bases since the end of the Cold War.
As set out in the Strategic Defence Review, improving readiness and strengthening our ability to generate maritime forces at pace is central to the Government’s approach to national security in an increasingly uncertain world. Our naval bases are critical national infrastructure, and their condition directly affects the availability, credibility and effectiveness of the Royal Navy.
As confirmed in the Defence Investment Plan, I can announce today that the Government is delivering Project Royal Oak, which is the collective name we have given to the extensive strategic investment we have committed for improvements to His Majesty’s Naval Base Clyde in Faslane, His Majesty’s Naval Base Devonport, and His Majesty’s Naval Base Portsmouth. Collectively, this represents approximately £26bn[1] of investment over the next ten years to increase the readiness, availability and lethality of the Royal Navy.
Taken together, these projects will modernise docks, jetties, engineering facilities and support infrastructure across the naval estate, ensuring our bases are resilient, capable and fit to support current and future fleets.
In these uncertain times, this investment will ensure that the Royal Navy is better placed to meet the challenges it faces, strengthen deterrence, and protect the United Kingdom’s security and interests at home and overseas. The House will be kept informed as these projects progress.
[1] Some of this funding sits within the Nuclear Ringfence