The Defence Equipment Plan (2021-2031)
Summary
In November 2020, the Prime Minister announced an increase in Defence spending of £16.5 billion over four years. The multi-year budget settlement provides medium-term certainty for the Department and supports better planning and decision making.
This report reflects the outcome of that increase in funding and of the Government’s Integrated Review, which has informed the Department’s strategy and policy goals. The equipment plan therefore reflects plans for significant new investments in capability but also reductions in areas which align less closely with our strategic direction.