DEFENCE
In 2021/22, the UK spent £46.2 billion ($58.5 billion) on defence and this was £3.6 billion ($4.6 billion) higher than the previous year.
The UK is one of the top NATO countries in terms of defence spending. The UK is committed to spending 2% of GDP on defence each year. It was one of just nine of NATO member countries to have met this target in 2022, spending 2.1% of GDP on defence. As part of the Integrated Review Refresh 2023, which sets out the UK Government’s national security and international policy, the Prime Minister set out a longer-term ambition to increase defence spending to 2.5% of GDP but no timeframe has been given for achieving this goal.
According to the UK MOD “We are one of the biggest public procurement organisations in Europe, and the single largest customer for UK industry. Over the next decade we are committed to spending over £190 Bn on equipment and support. We have a diverse range of requirements, including everything from military fighting vehicles to education services, nuclear submarines to facilities management. Our customers include our Armed Forces and national security agencies. Our aim is to ensure that our customers are provided with the best capabilities to enable them to protect the UK’s security and to advance the UK’s interests, both now and in the long term. We encourage innovation and wider SME participation throughout our supply chain. We continue to pursue policies and practices that make it easier for new and smaller businesses to identify, compete for and win opportunities with the MOD. This helps us to deliver our vision of a vibrant, sustainable, and competitive UK industrial base, while obtaining the best possible value for money for the taxpayer.”
Our security cleared team has worked with UK Ministry of Defence for well over 10 years, we have helped the MOD successfully deliver projects include UAVs, Hawk Advanced Jet Trainer (AJT) Mission Support Systems (MSS), Typhoon Tranche 2 production, Typhoon Helmet Mounted Symbology System (HMSS), Typhoon Meteor Integration and more recently SATCOM projects. Contact us for further information.