In the Spring Statement, Chancellor Rachel Reeves unveiled a significant increase in defence spending, allocating an additional £2.2Bn for the 2025-2026 fiscal year. This move aims to bolster the UK’s national security and stimulate economic growth, presenting substantial opportunities for defence suppliers across the country. The newly announced funds will focus ...
Leidos has successfully transitioned its secure, centralised supply chain management program in use by the Ministry of Defence (MOD) to the Amazon Web Services cloud, representing a significant milestone in modernising the MOD’s digital infrastructure. Leidos’ Support Chain Integration Platform (SCIP) is designed to provide the MOD with secure transparency in its supply ...
The UK Government has announced a £2Bn increase in lending capacity to support UK defence exports, unlocking new opportunities for businesses and strengthening the country’s defence industry. Chancellor Rachel Reeves unveiled the plan during a visit to Scotland, confirming that UK Export Finance (UKEF) will expand its Direct Lending capacity from ...
The UK Government has unveiled new support for small and medium enterprises (SMEs) following its historic commitment to increase defence spending to 2.5% of GDP. The move is expected to strengthen national security, drive economic growth, and create thousands of jobs across the country. During a visit to JFD Global in ...