Global Navigation Satellite Systems: Finance
(asked on 10th December 2018) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 6 December 2018 to Question 198212 on Global Navigation Satellite Systems: Costs, what funds his Department has allocated to the proposed Global Navigation Satellite System.
This question was answered on 13th December 2018
The Department for Business, Energy and Industrial Strategy has allocated £97 million in relation to the work to develop options for a UK Global Navigation Satellite System. This comprises the £92m for the Engineering, Design and Development Phase and £5m incurred on initial feasibility study work.