Defence: Finance

(asked on 25th February 2025) - View Source

Question to the Ministry of Defence:

To ask the Secretary of State for Defence, what role UK-based suppliers of (a) defence and (b) security equipment will have in reaching the target of spending 2.5% of GDP on defence by 2027.


Answered by
Maria Eagle Portrait
Maria Eagle
Minister of State (Ministry of Defence)
This question was answered on 4th March 2025

This Government recognises the vital role the UK defence industry plays not only in our national security but also to the economic prosperity and growth of the UK.

Our industry partners, of all sizes, are very much at the heart of our One Defence approach. The Defence Industrial Strategy will align our security and economic priorities to boost the prosperity of our people across the country, provide resilience for the UK, and ensure the credibility of our deterrence. We will ensure a strong defence sector and resilient supply chains across the whole of the UK.

The investment in defence announced by the Prime Minister on 25 February 2025 will protect UK citizens from threats and create a secure and stable environment in which businesses of all sizes can thrive, supporting the Government’s number one mission to deliver economic growth. The new Defence Industrial Strategy will set out how UK-based suppliers will support both our national security and economic prosperity when it is published later this year.

Reticulating Splines