HMNB Clyde, which is home to the UK’S nuclear submarines, will receive £15.1bn, The Herald reports. 

The move forms part of the £26bn Project Royal Oak investment programme into critical UK naval bases which Defence Minister Luke Pollard said will strengthen the “readiness, availability and lethality” of the Royal Navy.

On a visit to Faslane on 14 July, Pollard said it is the largest upgrade of the UK’S naval bases following the Cold War’s conclusion. 

HMNB Clyde as well as HMNB Devonport and HMNB Portsmouth in the south of England – will receive infrastructure improvements in a bid to boost warfighting-readiness”.

Training facilities, out-of-water engineering infrastructure, and research and development will be delivered through the regeneration and upgrade plans, the UK Government announced. 

Scottish Secretary Douglas Alexander said: “Scotland is crucial to UK defence and this £15.3bn UK Government funding for some of our most critical military assets will make Britain safer at home, stronger abroad and deliver a defence dividend for Scottish communities.

“As home to the Royal Navy Submarine Service and the UK’S nuclear deterrent, it’s only right that Faslane – Scotland’s largest military establishment and second-biggest employment site with over 6,500 military and civilian personnel – will be transformed with £15.1bn defence investment plan funding into a modern, more efficient base, future-proofed for war fighting.”

Alexander continued: “This, along with a further £240 million being confirmed to keep RAF Lossiemouth-based aircraft mission-ready, means we are investing in the capabilities, infrastructure and people that keep us and our allies safe, while creating and supporting jobs and driving economic growth across Scotland for years to come.”

Pollard added: “Clyde is critical to our nation’s defence. This investment is securing thousands of jobs up and down the country and strengthening our Armed Forces for the challenges of today and the future.”

All the while, the Ministry of Defence announced it has completed the purchase of the Finnart oil terminal on Loch Long to boost the Royal Navy’s fuel storage capacity. 

Additionally, £20m is to be invested to revitalise Inchgreen Marine Park near Greenock.