Five of the UK’s leading defence industry trade associations have issued a rare joint statement warning that delays to the Defence Investment Plan (DIP) and a reportedly marginal increase in defence spending are already causing serious damage to businesses across the supply chain. ADS, Make UK Defence, SMI, techUK and TheCityUK, speaking collectively for the first time on this issue, described the proposed settlement as insufficient in both scale and phasing, and called on the government to publish the DIP in full before the NATO Summit next month. The practical impact on supply chain businesses is being felt now. The…

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