A report from the Commons Defence Committee calls on the government to build more warships but said the Royal Yacht Britannia's £250m replacement would only hinder the Navy.
"We have the shipyards and the know-how to build them: the government just needs to place the orders and give UK shipbuilding the commitment and confidence it needs to deliver."
Experts told the committee the Navy could be needed to fight for control of the sea in future, or to deny adversaries access to UK waters. The winning bidder to build the ship is due to be announced this month by Defence Secretary Ben Wallace.
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