U.K. Says Disruption to Satellite Navigation Would Cost Billions
- Britain pledges 92 million pounds to scope Galileo replacement
- EU has said U.K. can’t retain full Galileo access after Brexit
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A sustained disruption to navigation systems would cost the British economy 1 billion pounds ($1.3 billion) a day, the U.K. government said, as it outlined steps to develop its own alternative to the European Union’s Galileo satellite array.
The damage estimate takes into account a “sustained” disruption to systems that “are increasingly important for commercial, military and other critical applications,” the government said late Tuesday in a statement. The systems help guide ships, aircraft, missiles and passenger cars.