Initial investment announced for Type 26.
http://www.bbc.co.uk/news/uk-scotland-scotland-business-31554494
Always interesting to see how this works, in some ways BAE have the government over a barrel - in order to safeguard British jobs. So the question of is this the most effective capability often comes a distant second.
As with the Type 45 I expect the eventual number of ships will be much reduced as costs spiral (as they are bound to on a complex project which are often optimistically budgeted).
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