A new defence innovation body to harness UK ingenuity and boost military technology is set to be launched, as part of a drive to turbocharge innovation in defence and deliver growth as part of the Plan for Change.
The Chancellor, Defence Secretary and Business Secretary have today (28 February) confirmed that a new UK defence innovation organisation will work with innovative firms to rapidly get cutting-edge military technology into the hands of British troops, and harness the ingenuity of the UK’s leading tech and manufacturing sectors.
This new unit – which will be launched at the Spring Statement – is a clear demonstration of how the Government is moving at pace to drive reform in defence and use defence as an engine of economic growth.
The Chancellor, Defence Secretary and Business Secretary today met leaders from 15 British defence firms of all sizes at RAF Waddington in Lincolnshire – one of the RAF’s busiest stations with airborne intelligence aircraft and systems – to discuss the how the new unit will operate.
Developed as part of Defence Reform – the biggest overhaul of defence for more than 50 years – the new body is set to simplify and streamline the innovation system within MOD. It will take a new approach by moving quickly and decisively, using different ways of contracting, to enable UK companies to scale up innovative prototypes rapidly by setting out a clear pathway, working with the Government, from initial production to manufacturing at scale.Â
As part of a defence innovation drive, the government will also look to enhance investment in defence start-ups and scale-up technology and capability, including through the National Security Strategic Investment Fund. Ministers will work with the venture capital and investment community, as well as industry, to leverage private investment in the technology of the future.
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