Greg Smith
Main Page: Greg Smith (Conservative - Mid Buckinghamshire)Department Debates - View all Greg Smith's debates with the Ministry of Defence
(1 year, 9 months ago)
Commons ChamberThe presence of Wagner on the frontline in the Donbas is clearly a reflection of just how bad things have got for Putin and the Russian armed forces—so bad that a mercenary group that recruits from prisons is required. As for the substantive part of the hon. Gentleman’s question, it sounds like that might be a question for my Treasury colleagues; I will make sure that they write to him with an answer.
The Ministry of Defence works closely with British industry and academia, including small and medium-sized enterprises, to identify and invest in innovative technologies that address our most pressing capability challenges, as well as publishing our future priorities to incentivise investment. We are already testing and deploying these technologies.
The best innovation is not necessarily the preserve of the giant players in the sector but can be found among smaller enterprises such as those at the Westcott Venture Park in my constituency, including Flare Bright’s development of autonomous drones for flight in global navigation satellite system-denied areas. Will my hon. and learned Friend assure me that when it comes to the development of new defence innovations, such smaller, dynamic enterprises are as valued to his Department as the more traditional big beasts?
My hon. Friend is absolutely right: a lot of innovation does indeed come from agile SMEs, which is why the MOD’s SME action plan is firmly aimed at improving access for SMEs to work right through the defence supply chain. Indeed, the MOD has a target that 25% of its procurement spend will go directly and indirectly to SMEs—that is up from around 16% in 2016. The latest figures I have seen show that we are at 23% already. We are on the right path but there is further to go.