UK Ministry of Defence Reports on 2025 Defence Spending and Industry Impact
The UK Ministry of Defence published its 2025 Trade, Industry and Contracts bulletin, outlining the department's spending patterns with industry and commerce. This report provides a breakdown of defence expenditure and examines its broader influence on the UK economy, comparing MOD spending with other government departments and international counterparts. Notably, the report excludes data on Major Equipment Projects for 2025 due to changes in reporting formats. Previously, equipment spending was included under Project Performance tables within the Defence Equipment Plan. However, no equivalent data was produced for 2024, as the Defence Equipment Plan will be replaced by a new Defence... [Continue Reading]
360LiveNews | 12 Mar 2026 09:51
