Written Question·Ministry of Defence·UIN 120440

Defence: Procurement

Tabled: 12 March 2026
Answered: 20 March 2026

Question

Luke Akehurst

LabourNorth Durham

To ask the Secretary of State for Defence, what assessment he has made of the potential impact of the difference in time horizons between venture capital of three to four years, and defence procurement cycles that exceed a decade, on private investment in

Answer

Luke Pollard
Venture capital is only a sub-section of the capital available to support defence and our transition to warfighting readiness; venture capital is most suited to innovative, high-growth potential companies, not the large defence programmes with the longest...

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