Oral Question·Department for Transport
“If he will make a statement on his departmental responsibilities.”
Tabled: 10 March 2022Answered: 17 March 2022
Answering Minister
the Secretary of State for Transport
Answer from Hansard
The Minister for Defence Readiness and Industry (Luke Pollard)
As we move towards warfighting readiness, the Government are investing more of our rising defence budget in new technologies and innovation, and the need for more innovative solutions to address emerging challenges is paramount in these darker and more dangerous times. On 1 July we launched UK Defence Innovation, a £400 million fund, and we will spend 10% of the equipment budget on innovative technologies that will deliver for defence.