The Type 26 frigates will be built at BAE Systems’ Glasgow shipyards.
The deals announced as part of the defence industrial strategy will be similar to a public and private partnership in Barrow, Cumbria which is known for building nuclear submarines.
The local council, the national government and BAE Systems are investing millions of pounds in the area, which will include regenerating the High Street, building homes and improving transport links.
In June, the government published a strategic defence review which looked at the UK’s military and security capabilities and made 62 recommendations to fill gaps and boost investment.
Ahead of Healey’s speech, the Ministry of Defence said: “Innovation and industrial power are central to deterrence and decisive factors in war.
“The conflict in Ukraine provides a stark reminder of the imperative of the necessity for fast replenishment and resupply by industry, and a rapid, continual cycle of innovation between industry and the front line.”
ADS Group, the trade association for the defence, security, space and aerospace industries, estimates that the UK’s increased spending could create up to 50,000 jobs.
Clive Higgins, chair and chief executive of Italian defence contractor Leonardo told the BBC’s Today programme that he welcomed funding for jobs and skills the defence industrial strategy would provide, but added: “We need more detail, the devil is always in the detail.”
He added that the industry was yet to see a flow of new contracts fuelled by the government’s promise to lift defence spending.
“That’s very much the next element,” said Mr Higgins. “We now need to see that demand signal from government, those contracts coming forward… to make those employment numbers a reality and give people good, sustainable jobs for the future. “
The defence industrial strategy deals will be in the following areas:
Plymouth – With £4bn of naval investment over the next decade, Plymouth will become the UK’s national centre for marine autonomy.
South Yorkshire – A hub for advanced materials and steel production for defence, including specialist components for submarines and weaponry.
Wales – A growing centre for unmanned aerial vehicles (UAVs) and autonomy research, supported by companies like Tekever and the Snowdonia Aerospace Centre.
Scotland – Hosting innovation in maritime and space technology, with key clusters around the Clyde, Rosyth, and academic centres.
Northern Ireland – A leader in cyber security and dual-use technologies, home to firms like Thales and Harland & Wolff, and Queen’s University Belfast’s Centre for Secure Information Technologies.