Royal Navy overhauled and refitted. Only four are operating today; at Devonport, Faslane, Rosyth and at Portsmouth. A Naval Base Review was undertaken in 2006 and early 2007, the outcome being announced by Secretary of State for Defence, Des Browne, confirming that all would remain however some reductions in manpower were anticipated. The academy where initial training for future Royal Navy officers takes place is Britannia Royal Naval College, located on a hill overlooking Dartmouth, Devon. Basic training for future ratings takes place at at Torpoint, Cornwall, close to HMNB Devonport. Significant numbers of naval personnel are employed within the Ministry of
HMY Britannia (Royal Cutter Yacht) cost was £8,300 and like "Valkyrie II", "Britannia" was built at the D&W Henderson shipyard in Patrick on the River Clyde. With two such highly important commissions underway in the same yard, Watson delegated his protégé James Rennie Barnett to oversee both yachts. "Britannia" was launched on 20 April 1893, a week ahead of "Valkyrie II" and joined a fleet of first class cutters that was growing fast as others followed the royal lead. In a highly competitive fleet, "Britannia" soon set about achieving the race results which would eventually establish her as the most successful racing yacht of all