Defence: Expenditure

(asked on 15th October 2024) - View Source

Question to the Ministry of Defence:

To ask the Secretary of State for Defence, what assessment he has made of the potential merits of increasing defence expenditure to 2.5% of GDP by 2030 for small businesses in supply chains.


Answered by
Maria Eagle Portrait
Maria Eagle
Minister of State (Ministry of Defence)
This question was answered on 24th October 2024

Small and Medium-Sized Enterprises (SMEs) play a vital role in a vibrant and flexible UK defence industry, delivering innovation and supporting a wide variety of high quality jobs across the United Kingdom. The Strategic Defence Review and the Defence Industrial Strategy will both help make defence a more attractive market for SMEs by encouraging small businesses to contribute fully in Defence procurement and make the most of future growth within the Defence supply chain.

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