Such is the scale of British Army acquisition problems alone that they could not be resolved if the UK moved to a long term spending settlement of even 4 percent GDP, an expert told British lawmakers.
Under the new plan, London wants to spend a cumulative extra of £75 billion ($93 billion) over the next six years, culminating in a 2030 annual defense budget of £87 billion ($108 billion), which would make it second in NATO only to the US in defense expenditure.
Why edge and endpoint security can’t be an afterthought.
Even before the big announcement from the heads of state in March, 2023 has been filled with AUKUS news.
The plans include selling at least three Americans attack subs in the early 2030s and the UK, Australians producing a brand new sub, filled with American tech, in the 2040s.
Despite the previous Conservative Party government pledging to increase military spending to 3 percent GDP by 2030, Prime Minister Rishi Sunak stopped short of making any such commitment and has deferred a new defense spending review until after 2025.