Government confirms multi-year £16.5bn increase in Defence spending
The Prime Minister has announced a significant four year investment in Defence, focusing on AI, Cyber and Space capabilities
Ahead of the conclusion of the government’s Integrated Review of Security, Defence, Development and Foreign Policy (Integrated Review), the Prime Minister has announced the largest uplift in Defence spending since the end of the Cold War. The Ministry of Defence (MOD) will receive an extra £4bn a year over the next four years, representing an increase of around 10% on the MOD’s annual budget of £40bn.
Combined with the government’s manifesto commitment of a 0.5% uplift in Defence spending, the total increase for the MOD is around £24.1bn and equates to 2.2% of the UK’s GDP.
As part of his statement to the House of Commons, the Prime Minister announced that this new investment will include:
- An investment of £24.1bn over the next 4 years from the Government in Defence and Security, representing an uplift of £16.5bn and equating to 2.2% of GDP
- A new Space Command led by the RAF, to be established next year with the intent of launching UK satellites and rockets by 2022
- The creation of a new joint GCHQ and MOD National Cyber Force to transform the UK’s cyber capabilities
- A new agency dedicated to the development of Artificial Intelligence
- Conformation that the Royal Navy will order 8 new Type 26 and 5 Type 31e Frigates
- Conformation of the building of Fleet Support Ships, the next generation of Type 32 warships, and research vessels to be built in Britain
- £1.5bn investment in Defence research & development (R&D), with a commitment to invest further in the Future Combat Air System (FCAS) programme
- A new fighter system for the RAF, which exploits artificial intelligence and drone technologies
- An estimate that up to 10,000 new jobs a year will be created, supporting the estimated 400,000 existing skilled jobs within the UK defence sector
Commenting on the announcement, techUK’s Head of Defence Programme Fred Sugden said:
“techUK welcomes the substantial commitment made by the government to invest in new technologies to transform and modernise the UK’s military capabilities. Ahead of the conclusion of the Integrated Review, it is encouraging to see the government prioritise new investment in key areas such as AI, Cyber and Space, all of which are fundamental to safeguard the UK’s national security. techUK’s members are world-leaders in the development of next generation and generation-after-next technologies, and we look forward to working closely with the MOD as it works to secure and extend the UK’s technological advantage into the future”
Further details on the announcement can be found in the Government press release here.
If you have any questions or comments please contact techUK’s Head of Defence Programme Fred Sugden at firstname.lastname@example.org
Latest News from
What does the UK’s Infrastructure Strategy mean for our world-leading digital twin ecosystem?03/12/2020 16:25:00
Last week, the Government announced the National Infrastructure Strategy, outlining intentions to deliver radical improvements in the quality of the UK’s infrastructure, to ‘level up’ while strengthening the Union, and to put the UK on the path to net zero emissions by 2050.
Leidos - working to make the world, safer, healthier and more efficient03/12/2020 14:38:00
Leidos are delighted to sponsor the launch event for the MOD Defence Support Strategy on 10 December 2020.
UK-Japan CEPA Business Guidance03/12/2020 11:25:00
The business guidance for the UK-Japan CEPA is now available and it covers key terms of trade and market access for importers and exporters under the CEPA.
Highways England launch ITCF and OTCF frameworks03/12/2020 09:33:00
Highways England has commenced market engagement for suppliers to be part of two new technology frameworks.
Meet the ADB Support Foundation02/12/2020 16:25:00
Eunice Olumide MBE, founder of the ADB Support Foundation, discusses the charity set up to tackle the disparities suffered by the Black and Afro-Caribbean community.
Over £20 million boost to digital adoption and business support provided by the Scottish Government02/12/2020 11:25:00
The funding will provide financial incentives and expert advice to support businesses to invest in digital.
How Passwordless Authentication supports the principles of Zero Trust02/12/2020 08:15:00
Guest blog: Tor Clark from Coltech Consulting looks at Passwordless Authentication and Zero Trust
Event round up: Mapping the future of the UK’s geospatial market.01/12/2020 16:25:00
On Tuesday 27 October, techUK launched the new Geospatial Data Campaign with the online event Mapping the future of the UK’s geospatial market.
Hybrid 5G and satellite communications test facility to be built in Oxfordshire by 202101/12/2020 11:25:00
European Space Agency-backed facility will explore the potential of 5G and satellite technology.