The UK government’s £298bn Defence Investment Plan promises to improve the nation’s security and support what could represent a key area of economic growth.
According to the plan, it will “energise the transformation of our armed forces” and “rebuild warfighting readiness” at a time when the state of geopolitical security is genuinely alarming.
Highlights of the plan include £5bn towards an autonomous and drone systems pipeline, a £500m transformation fund to overhaul MoD’s workflows, £115m for AI safety and cyber technologies, £3.2bn to support British space capabilities and encouraging more private capital to go alongside state investment into defence.
Given the government’s clear intention to heavily back defence, indeed at the cost of numerous other public services, it would seem that the defence sector as well as the country’s armed forces are set for a major windfall....
