Member

Even as we finalise the DIP, we continue to back British jobs, British businesses and British innovation. Since July 2024, the Government have signed 1,400 major contracts, with 94% of that spend going to UK-based firms. In just the past four weeks, we have announced a £115 million hybrid Navy package for the UK-led mission in the Strait of Hormuz; a £1 billion contract for new mobile artillery for the British Army; rapidly procured new weapons for our Typhoons, which have already been deployed to shoot down drones at low cost; 13 new contracts, worth up to £4 million each, with small, homegrown British businesses to foster growth and innovation, and to find the next billion-pound UK defence unicorn; and a pay award of 3.6%, so most Armed Forces personnel have received a cumulative pay award of 14.1% since this Labour Government were formed.