• ADS chief executive Kevin Craven told the Defence Committee that equipment spending in the year to March 2026 was £5 billion lower than the year before, and orders remain hard to win.
  • He said it is unclear whether about a third of the £298 billion Defence Investment Plan is unfunded, and warned the Ministry of Defence has a poor record of delivering planned efficiency savings.
  • techUK’s Julian David said nearly £5 billion depends on the Budget; Wes Streeting said the Chancellor will plug a £4.7 billion gap there.