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The total cost of the UK Polaris programme from December 1962, including running costs, through to 30 June 1974 came to £520 million. The four submarines cost £162 million, the missiles £53 million, and the base at Faslane, including the storage facility at Coulport, £47 million. Running costs were around £25 million per annum.
The Polaris Sales Agreement was a treaty between the United States and the United Kingdom which began the UK Polaris programme.The agreement was signed on 6 April 1963. It formally arranged the terms and conditions under which the Polaris missile system was provided to the United Kingdom.
The second mission in the Polaris Program will launch via a Falcon 9 Block 5 vehicle with a Crew Dragon capsule. SpaceX and Polaris had studied a crewed mission to lift the Hubble Space Telescope into a higher orbit to prevent it from burning up in the atmosphere, [4] [5] but this option was rejected by NASA in June 2024. [6]
Jared Isaacman is the billionaire bankrolling the mission and serving as its commander. This isn't the 41-year-old's first rodeo. In 2021, he funded and flew on the first-ever all-civilian ...
The treaty paved the way for the Polaris Sales Agreement, and the Royal Navy ultimately acquired entire weapons systems, with the UK Polaris programme and Trident nuclear programme using American missiles with British nuclear warheads. The treaty has been amended and renewed ten times. On 14 November 2024, it was extended indefinitely.
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The Trident Works Programme at Coulport and Faslane, co-ordinated by the Property Services Agency, took 13 years to complete. Planning work at Coulport began in 1982, and the estimated final cost for the entire programme, at 1994 prices, was approximately £1.9 billion.
Although in 1964 the new Labour government considered cancelling Polaris and turning the submarines into conventionally armed hunter-killers, it continued the program as Polaris gave Britain a global nuclear capacity—perhaps east of Suez—at a cost £150 million less than that of the V bomber force. By adopting many established, American ...
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