UK MoD Targets £2.5B Increase in Spending With British Firms and SMEs
At JOSCAR Live, UK Ministry of Defence officials and industry representatives highlighted SMEs’ role in defence resilience, innovation and readiness. The MoD aims to raise spending with British firms and SMEs by £2.5 billion above a £5 billion baseline by summer 2028; this is a strategic target, not a contract award or open solicitation.