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UK to announce $270 bn investment in defence equipment and support over the next decade 22311152.
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Defence & Security News - United Kingdom
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UK to announce $270 bn investment in defence equipment and support over the next decade | |||
The British Prime Minister will announce a $270 billion investment in defence equipment and support over the next decade when he unveils the Government’s five year National Security Strategy and Strategic Defence and Security review in the House of Commons later today, the UK ministry of Defence announced today, Nov. 23, 2015.
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UK will create two new Strike Brigades by 2025 | |||
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The $18.2 billion uplift in funding will be focused on investments that will help to ensure the UK can respond to diverse threats in an increasingly dangerous and uncertain world. This will include:
Nine new Boeing P8 maritime patrol aircraft for maritime surveillance, anti-submarine and anti-surface ship warfare, increasing further the protection of our nuclear deterrent and our new aircraft carriers. These roles require an aircraft that can carry torpedoes, as well as being fitted with a broad range of sensors, including radar and sonobuoys, which are operated from the rear of the cabin by a team of specialists. These aircraft will also provide maritime search and rescue and surveillance capabilities over land. Writing in the foreword to the National Security Strategy and Strategic Defence and Security Review, the Prime Minister says: "Our national security depends on our economic security, and vice versa. So the first step in our National Security Strategy is to ensure our economy is, and remains, strong. Over the last five years we have taken the difficult decisions needed to bring down our deficit and restore our economy to strength. In 2010, the total black hole in the defence budget alone was bigger than the entire defence budget in that year. Now it is back in balance. By sticking to our long-term economic plan, Britain has become the fastest growing major advanced economy in the world for the last two years. Our renewed economic security means we can afford to invest further in our national security. This is vital at a time when the threats to our country are growing. From the rise of ISIL and greater instability in the Middle East, to the crisis in Ukraine, the threat of cyber attacks and the risk of pandemics, the world is more dangerous and uncertain today than five years ago. So while every government must choose how to spend the money it has available, every penny of which is hard-earned by taxpayers, this Government has taken a clear decision to invest in our security and safeguard our prosperity. As a result, the United Kingdom is the only major country in the world today which is simultaneously going to meet the NATO target of spending 2% of our GDP on defence and the UN target of spending 0.7% of our GNI on development, while also increasing investment in our security and intelligence agencies and in counter-terrorism." |
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