Threads / Defence Investment / HM Treasury has provided the Department with £560 million t…
Other Published 19 Apr 2023 ↗ View on Parliament

HM Treasury has provided the Department with £560 million to restart production lines in UK companies.62 The Department told us that it is working closely with key suppliers in the UK, including BAE Systems, MBDA and Thales, to invest in long-term strategic capabilities. The Department subsequently wrote to us outlining its acquisition reform initiatives and explaining that DE&S is implementing a refresh of its strategy under its new Chief Executive.63 Improving the supply chain will also req...

HM Treasury has provided the Department with £560 million to restart production lines in UK companies.62 The Department told us that it is working closely with key suppliers in the UK, including BAE Systems, MBDA and Thales, to invest in long-term strategic capabilities. The Department subsequently wrote to us outlining its acquisition reform initiatives and explaining that DE&S is implementing a refresh of its strategy under its new Chief Executive.63 Improving the supply chain will also require working with allies. The Department has also placed requests for supply with US companies and has engaged with fellow NATO countries to discuss how Type: conclusion | Number: 24 | Response status: not_addressed Government response: 6.1 The government agrees with the Committee’s recommendation. Target implementation date: December 2023 6.2 The Covid-19 pandemic and Ukraine crisis has brought into sharp focus the increased demands upon the Defence supply chain and its ability to deliver capabi