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HMS Audacious: MoD announces £1.2bn submarine contract

10 December 2012 Last updated at 06:54 GMT

A new attack submarine, HMS Audacious, has been commissioned by the Ministry of Defence in a contract worth £1.2bn.

The BAE Systems deal, which will secure 3,000 jobs at Barrow-in-Furness in Cumbria, will progressively replace the Trafalgar Class currently in service.

A further £1.5bn has been committed to the remaining three Astute Class submarines being built, the MoD said.

Jonathan Beale reports.