To make this website work, we log user data. By using Shephard's online services, you agree to our Privacy Policy, including cookie policy.

×
Open menu Search

UK defence companies ready for any spending hike to boost economy post-COVID

25th June 2020 - 09:30 GMT | by Richard Thomas in London

RSS

As the UK economy reels from the impact of the COVID-19 pandemic and associated lockdown of industry and society at large, a number of UK companies have stated their support for bringing forward defence spending in order to boost the industrial base.

Expectations of a double-digit percentage point drop in the UK’s GDP this year have led to suggestions that spending could be brought forward. Countries such as France and Germany have either brought forward spending or announced significant procurement contracts in recent weeks.

Providing a UK industrial perspective to members of the parliamentary Defence Committee on 23 June, officials

Already have an account? Log in

Want to keep reading this article?

Read this Article

Get access to this article with a Free Basic Account

  • Original curated content, daily across air, land and naval domains
  • 2 free stories per week
  • Personalised news alerts
  • Daily and weekly newsletters
Create account

Unlimited Access

Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.

  • Original curated content, daily across air, land and naval domains
  • 14-day free trial (cancel at any time)
  • Unlimited access to all published premium news
Start your free trial
Richard Thomas

Author

Richard Thomas


Richard Thomas is the Senior Editor, Naval at Shephard Media. Richard joined the company in …

Read full bio

Share to

Linkedin