UK Budget: minimal increase leaves Defence wanting
Still falling short of the 2.5% GDP spending target for Defence, the significance of the forthcoming Strategic Defence Review will be decisive.
01 November 2024
01 November 2024
Still falling short of the 2.5% GDP spending target for Defence, the significance of the forthcoming Strategic Defence Review will be decisive.
The document outlines six initiatives to foster a resilient defence industrial ecosystem and mitigate risks.
The contract marks the first international sale of SEWIP Block 2 AN/SLQ-32(V)6 and AN/SLQ-32C(V)6 systems to Japan.
A fire that broke out at the BAE Systems nuclear submarine manufacturing site at Barrow-in-Furness, UK, did not spread across the whole facility.
The audit assessed the fairness of prices under performance-based logistics contracts in line with the Federal Acquisition Regulation.
RTX and Lockheed Martin have been named as the prime contractors for the FMSs.
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