The treaty's replacement table treated capital ships as assets with scheduled expiration dates. Hood was listed for 1941, Renown for 1940, and Repulse for 1939, when Renown and Repulse would have been about twenty-four and twenty-three years old. Later London treaties changed the framework, and the Royal Navy maintained the ships instead of replacing them on that timetable. Their extended service helps explain why interwar refits mattered so much.
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Treaty schedules gave battlecruisers short planned lives
The Washington treaty schedule expected Hood, Renown, and Repulse to leave service around 1939-41, but later agreements and strategic conditions kept the ships in use.