UK pledges ‘generational’ leap in defense spending, industry to go on ‘war footing’

April 24, 2024

Breaking Defense

The UK will increase defense spending to 2.5 percent of GDP by the end of the decade to deliver a “generational investment” and respond to a world at its most “dangerous” since the end of the Cold War, British Prime Minister Rishi Sunak said during a visit to Warsaw, Poland, today.

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), consolidating its position as the largest military spender in Europe, and second for NATO members behind only the US.

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