Defence Contractors Leaving UK for Better-Funded European Rivals

Defence Contractors Leaving UK for Better-Funded European Rivals

A former military chief warned on 12 June that underfunded defence plans are pushing private contractors to better-resourced European and transatlantic competitors. The warning followed a serving military chief's concern that the UK is running out of time to increase defence spending as the Investment Plan stalls. New Defence Secretary Dan Jarvis, appointed 11 June, faces an immediate challenge: ambitious defence goals have outpaced government capacity to convert spending promises into actual contracts.

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