Defence: Finance

(asked on 8th July 2026) - View Source

Question to the Ministry of Defence:

To ask the Secretary of State for Defence, with reference to the Defence Committee session in the Defence Investment Plan (DIP) on 7 July 2026, what assessment he has made of the potential impact the delay in the publication of the DIP has had on investment decisions by UK defence companies.


Answered by
Luke Pollard Portrait
Luke Pollard
Minister of State (Ministry of Defence)
This question was answered on 17th July 2026

We are grateful to General Sir Richard Barrons for his contribution to the Strategic Defence Review. The Defence Investment Plan implements the Strategic Defence Review.

We have continued to invest significantly in UK defence industry throughout the development of the Defence Investment Plan. Since July 2024, the Ministry of Defence signed more than 1,400 defence contracts, with 94% of their value awarded to UK-based businesses and spent more than £31 billion with UK industry last year.

Engagement with UK Industry continued through our strategic partnering and supplier relationship management processes, as well as forums, such as the Defence Industrial Joint Council. In addition, the Ministry of Defence continued to monitor the health of the defence industrial base closely and worked with suppliers to manage risks and opportunities while the Defence Investment Plan was being developed.

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