Rolls-Royce plans to almost double the size of its Raynesway site, creating hundreds of new jobs in Derby. Funded by the MoD, the site development is required to meet growth in demand from the Royal Navy and as a result of the recent AUKUS announcement.In March 2023 confirmation arrived that Rolls-Royce Submarines would supply all the nuclear reactor plants that will power new attack submarines as part of the tri-lateral agreement between Australia, the UK and US.This increase in demand will see new facilities built on recently acquired land surrounding the existing Raynesway site. It will also create 1170 skilled roles.
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