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<p>The Royal Navy (RN) has ambitious plans to ensure its fleet remains modern and
capable of dealing with evolving threats. Regular discussions take place between the
RN, the Ministry of Defence and His Majesty's Treasury to ensure this is funded in
a way that provides value for money for taxpayers and the best capability for the
RN.</p><p>The National Shipbuilding Strategy Refresh, published on 10 March 2022,
sets out the ambition for the pipeline of more than 150 new naval and civil vessels
for the UK Government and Devolved Administrations over the next 30 years.</p>
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