Today the Government published its landmark Defence Investment Plan (DIP), backed by £298 billion of investment over the next four years. It is one of the most significant statements of intent for UK defence in a generation — and for the thousands of businesses that make up the defence supply chain, it provides the clarity they have been waiting for. Announced by the Prime Minister, the plan adds £15 billion on top of last year’s Spending Review and lifts defence funding from £54 billion a year to almost £80 billion a year by 2029. That takes UK defence spending to…
