Space: Finance

The Ministry of Defence is committed to developing the Defence Space Portfolio and wider space requirements to harness space for national and military advantage. The recent publication of the Strategic Defence Review served to reinforce the importance of the domain and the need to invest appropriately. The level of investment is being tested and confirmed against current and future requirements through the development of the Defence Investment Plan which will provide the strategic capability direction for the next decade.

Defence and other Government Departments will ascertain space synergies, create a common demand signal with which to develop investment options for both the military and national advantage. Aligned to the Own, Collaborate, Access framework, the most effective mix of sovereign owned, collaboration with allies, and access though existing and new partnerships will be determined with which to deliver Defence and wider UK needs.