CBI comments on MOD Defence Equipment Plan

4-2-2013 — /europawire.eu/ — The CBI commented on the publication of a 10-year Defence Equipment Plan by the Ministry of Defence.

Matthew Fell, CBI Director for Competitive Markets, said:

“Businesses have been urging the Government to provide more detail on its future defence equipment spending, so this publication is a step in the right direction.

“Greater visibility of how the MOD will allocate £160bn of spending over the next decade will give companies more certainty to make investment planning decisions in the UK.

“Businesses now look forward to working with the Government to establish the Defence Growth Partnership, which must take steps to strengthen key industrial skills and promote defence exports abroad.”

Have a media request?
Contact our press office

EDITOR'S PICK:

EuropaWire PR Editors

Recent Posts

Former Greek Deputy Minister Ioannis Tsakiris Joins EIB Management Committee

(IN BRIEF) Ioannis Tsakiris, a former Greek deputy minister with extensive experience in finance and…

10 hours ago

Eviden Launches BullSequana AI: A Next-Generation AI Computing Solution

(IN BRIEF) Eviden, a leading business within the Atos Group specializing in advanced computing, introduces…

10 hours ago