- BIST10011,722-2.89%
- USD49.45+0.05%
- EUR55.62+0.37%
- GOLD4,181.10+0.26%
- INTEREST37.00%-1.00
- BITCOIN81,063-0.39%
- October 18, 202611°
- BIST10011,722-2.89%
- USD49.45+0.05%
- EUR55.62+0.37%
- GOLD4,181.10+0.26%
- INTEREST37.00%-1.00
- BITCOIN81,063-0.39%
- October 18, 202611°
UK PM Starmer announces £14.5 billion defense modernization plan
UK Prime Minister Keir Starmer has announced a £14.5 billion defense investment plan, including £5 billion for drones and autonomous weapons. The plan aims to modernize the country's armed forces and meet NATO commitments.
UK Prime Minister Keir Starmer has announced a long-awaited defense investment plan aimed at modernizing the country's armed forces and preparing them for future threats.
Starmer said the plan would keep the UK "safe and secure for years to come."
According to the British news agency PA Media, the defense investment plan, which was scheduled to be published last year, was delayed due to disagreements within the government over the amount of funding needed for the development of the armed forces.
Former Defense Secretary John Healey resigned, arguing that the plan did not provide sufficient funding to modernize the UK's military and prepare for future threats. Healey warned that the plan might not meet the UK's commitments to NATO. NATO requires member states to increase defense spending to 3.5 percent of national income by 2035.
The plan, prepared under the leadership of new Defense Secretary Dan Jarvis, will focus on increasing the use of drones and autonomous weapons. An investment of £5 billion ($6.63 billion) is envisaged for this purpose.
Minister Jarvis managed to secure additional funding for the plan, raising the total budget from the £13.5 billion offered to Healey to approximately £14.5 billion. However, this figure remains well below the £28 billion that officials say is necessary.
In a speech at a defense industry company, Starmer explained how the plan would accelerate the UK's capabilities in the drone field. He noted that drones are widely used in conflicts, particularly in the wars in Ukraine and Iran.
Stay Updated with Ally Daily
Subscribe to be informed about special news, developments and announcements. We will keep you informed.
By signing up, you agree to our Privacy Policy
