L

Lord Stirrup (CB)

Speaking in the House of Lords on 19 May 2026

Debate

Defence, Security and Resilience Bank

Contribution

My Lords, does the Minister recognise that, when we refer to the defence industry these days, we are talking not about the traditional defence companies but about industry much more widely? We have seen clear examples of this in the Ukraine war. Will he therefore ensure that whatever multilateral funding arrangements we come up with, they are used to fund an agile, innovative, high-technology industrial base across Europe that can respond rapidly to crises, rather than going into purely the established defence sector?

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