- In Defence Investment Plan preview, Britain bets big on drones and ‘hybrid’ navy. ←click here
- Courtesy of a £8.6 billion investment in the forthcoming Defence Investment Plan, the UK is also "renewing" a commitment to build sixth generation fighter jets, under the Global Combat Air Programme (GCAP), in collaboration with Italy and Japan.
Belfast, Jul. 1.— Outgoing UK Prime Minister Keir Starmer has announced that British defense spending will reach close to £80 billion ($105 billion) annually by 2029.
Ahead of the release of Britain’s long-awaited Defence Investment Plan, due today, Starmer told local media that the lucrative figure will be met before the end of the decade. He failed, however, to disclose a timeline for meeting NATO’s 5 percent spending target.
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