Defence to invest £2bn in next stage of UK combat air system

Funding | Manufacturing | South East | Technology

army plane

Defence Minister Jeremy Quin has outlined how more than £2bn of investment in the Tempest programme will power the next phase to build a new combat air system in a keynote speech at RUSI today.

Business Leader funding month banner

The Integrated Review and Defence Command Paper set out the vital importance of the programme to global security and UK prosperity, which is why the UK will invest over the next four years to move into the next phase to design and deliver the next-generation system.

With strong global alliances and a world-class industrial base, the UK is stepping forward and driving international partnerships with Italy and Sweden. The work will sustain and support a sector which already generates £6bn a year and employs over 46,000 people across all four corners of the UK.

The sector and the broader UK defence industry is set to be boosted by the new Defence Industrial and Security Strategy, unveiled yesterday, which will ensure that the UK retains a competitive, innovative and world-class defence and security industry.

Speaking at RUSI’s Combat Air Power conference, Defence Minister Jeremy Quin said: “As our recently published Integrated Review underlined, technology and the threats we are facing have moved on. In the intervening decades, the likes of Russia and China have studied our strengths in the air and begun developing the capabilities to not only counter but surpass us. If we fail to outmatch these targets and they continue at this pace, we could find ourselves locked out of the skies. The freedom of the air cannot be taken for granted.

“We have launched the next phase of our programme to design and deliver Tempest and I am proud to say that, over the next four years, we will invest more than £2bn as Government into a world-leading future combat air system to keep us and our allies safe alongside us, leveraging additional investment from our first rate international and industrial partners.”

Click here for more content from Business Leader Funding Month, brought you by Wesleyan.

Did you enjoy reading this content?  To get more great content like this subscribe to our magazine

Tagged with:

Reader's Comments

Comments related to the current article

Leave a comment

Your email address will not be published. Required fields are marked *