Market
How will Rolls-Royce's £9 billion contract affect UK employment by 2025?
2
Resolution / Starting Odds
Increase by more than 1,000 jobs • 25%
Increase by exactly 1,000 jobs • 25%
Increase by less than 1,000 jobs • 25%
No significant change • 25%
UK Office for National Statistics or employment reports from Rolls-Royce
Story
Rolls-Royce Secures £9 Billion, 8-Year Deal to Power UK's Nuclear Submarines, Boosting Jobs
Jan 24, 2025, 06:49 AM
Rolls-Royce has secured a £9 billion contract from the UK Ministry of Defence (MoD) to design, manufacture, and support nuclear reactors for the Royal Navy's submarine fleet. The eight-year Unity contract, the largest ever between Rolls-Royce and the MoD, aims to streamline previous contracts, enhance efficiency, and is expected to create 1,000 new jobs while safeguarding 4,000 existing positions. The contract will support the current submarine fleet and contribute to the development of the new Dreadnought Class submarines and the SSN-AUKUS program. Defence Secretary John Healey highlighted the deal as a boost to British business, jobs, and national security, aligning with the government's commitment to the nuclear deterrent and economic growth, and anticipates savings of £400 million over the contract's duration.
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Yes • 50%
No • 50%
Yes • 50%
No • 50%
No • 50%
Yes • 50%
Research and development roles • 25%
Administrative and support roles • 25%
Engineering and technical roles • 25%
Manufacturing and production roles • 25%
Significant enhancement • 25%
Moderate enhancement • 25%
Minimal enhancement • 25%
No enhancement • 25%
No • 50%
Yes • 50%
Foreign investment • 25%
Private investment • 25%
UK taxpayer money • 25%
Other • 25%
Yes • 50%
No • 50%
Increase by 5,000 to 10,000 jobs • 25%
No significant change • 25%
Increase by less than 5,000 jobs • 25%
Increase by over 10,000 jobs • 25%
Decrease by 0-10% • 25%
Increase by 0-10% • 25%
Increase by more than 10% • 25%
Decrease by more than 10% • 25%