In recent years, considerable sums have been expended under the Defence Vote in updating Naval Service equipment. Total amounts spent on such equipment for the past five years are as follows: 1995 – £4.3 million, 1996 – £4.1 million, 1997 – £10.1 million, 1998 – £15.5 million; and 1999 – £16.0 million. The provision for expenditure on Naval Service equipment in 2000 is £16.48 million.
The most important development for the Naval Service in recent years has been the delivery and commissioning of LE Róisín, the first new ship in the Naval fleet since LE Eithne in 1984. The new ship, which was part funded by the EU, cost in the region of £22.5 million. Reports from the Naval Service in relation to the ship's performance are very satisfactory.
I was very pleased to announce recently that the Government had approved the purchase of a second new fishery protection vessel of the same type as LE Róisín as a replacement for LE Deirdre which is approaching the end of its economic service life. I expect to be in a position to sign the contract for the new ship next month.