UK MOD Targets £2.5B Increase in Spending with British Firms and SMEs
At JOSCAR Live in Oxford, UK Ministry of Defence officials and industry leaders identified SME access, supplier assurance and supply-chain resilience as priorities for defence readiness. The MOD aims to increase spending with British firms and SMEs by £2.5 billion by summer 2028, on top of a £5 billion baseline; this is a spending target, not a specific contract award or guarantee of future awards.