Overview
- The government will build up to 12 nuclear-powered attack submarines under the AUKUS alliance with the US and Australia, replacing the current seven-boat fleet by the late 2030s.
- Defence spending is set to rise from 2.3% of GDP to 2.5% by 2027 with an ambition to reach 3% in the next parliamentary term.
- A £15 billion investment in the UK’s nuclear warhead programme will reinforce the country’s strategic deterrent.
- Six new munitions factories will be created, generating around 1 000 jobs and raising munitions investment to £6 billion over this parliament.
- The strategy also prioritises advanced warfare technologies and cyber capabilities, and the UK is reported to be exploring US nuclear-capable aircraft as part of its deterrence review.