questionText: To ask the Secretary of State for Defence, what steps his Department is taking to mobilise private finance for the development of defence technology, a) in the start-up sector and b) from European investors.
answerText: The Strategic Defence Review 2025 set out Defence’s role in seeding innovation and growth to keep the Integrated Force at the forefront of warfare. To deliver this, we established the UK Defence Innovation (UKDI) with a £400M ring-fenced annual budget to ...
heading: Defence Equipment: Investment