Defending the UK and its interests is crucial, and government and business must work together to give the armed forces the equipment they need at a price taxpayers can afford
The UK's servicemen and women do a tough and vital job and need good equipment to help them defend the UK and its interests. But the process of getting the equipment and support they need - when they need it, at a price which provides good value for taxpayers - could be further improved. The UK's defence spending commitments exceed forecast budgets over a ten-year period by £36bn. This is not sustainable.
A growing defence industry is an important contributor to the UK economy. The UK defence industry is worth an estimated £35bn, makes up 10% of UK manufacturing, and employs over 300,000 people. There are more SMEs operating in the UK's defence manufacturing sector than France, Italy, Germany, and Spain combined, and Britain is currently the world's second largest defence exporter.
The CBI supports the Ministry of Defence's efforts to get maximum value for each pound spent, and business wants to work closely with government to meet the capability challenges outlined in the government's Strategic Defence and Security Review.
News and publications
CBI responds to defence procurement White Paper
CBI backs moves to overhaul defence procurement to give the Armed Force the equipment they need, while giving the taxpayer real value for money.
CBI responds to Government Army Reserves announcement
The CBI responded to a Government announcement outlining changes for Army Reserves
CBI responds to Government statement on defence budget
The CBI responded to the statement by the Defence Secretary, Philip Hammond MP, that the defence budget has been balanced
CBI comments on BAE Systems investment
The CBI commented on the announcement by BAE Systems to increase fuselage production of the US F-35 jet, extending its site in Samlesbury, Lancashire, with the creation of around 1000 new jobs
Industrial Trends Survey monthly February 2012
UK manufacturers report a strengthening in demand and expect output to grow
Seven-point plan to improve procurement in the UK
Ask businesses in the UK to characterise their experiences of trying to sell to the Government you’ll be left with a sense of frustration about a procurement system that is beset with delays and complexity
CBI response to Currie review on defence procurement
The CBI today welcomed Lord Currie’s Review of Single Source Pricing Regulations for defence contracts.
CBI comments on announcement by BAE Systems
The CBI today (Tuesday) commented on an announcement of potential job losses by BAE Systems