News

ADS welcomes Dunne Review into defence spending

Industry trade body ADS has welcomed an independent review exploring the role of the defence sector in securing UK prosperity.

The review, commissioned by Defence Secretary Gavin Williamson and led by former Defence Procurement Minister Philip Dunne, found that defence was vital not only to national security but also our nation’s economy.

“Defence has made a number of important steps in meeting its prosperity objective,” said Dunne. “It makes a major contribution to our economic well-being, with 500,000 people working directly and indirectly in Defence and over 25,500 apprentices developing skills. In several local communities Defence is one of the leading providers of high skilled jobs.”

Crucially, these findings will underpin future proposals for reform to be drafted under the Modernising Defence Programme. Recommendations include additional research into large-scale procurement and the effect on national prosperity; establishing stronger relationships with defence sector suppliers; and considering how UK institutions can be given greater entrepreneurial freedoms.

“The UK benefits from a world leading defence sector worth £22 billion a year to our economy and generates £7 billion in vital high value exports,” said ADS Chief Executive Paul Everitt. “Philip Dunne’s review demonstrates the wider economic, industrial and social benefits flowing from the Ministry of Defence’s procurement of equipment, services and support.

“It is important Government and industry work in partnership to deliver the capabilities required to meet current and future security threats. Philip Dunne’s recommendations will help to build a stronger relationship able to respond more quickly and to sustain a diverse and dynamic industrial base.

“Industry will expect to see the MOD respond to the detailed recommendations’ set out in the review and then to provide a regular update as they take forward this important work.”

If you would like to join our community and read more articles like this then please click here.

The post ADS welcomes Dunne Review into defence spending appeared first on Defence Online.

 

Who are we?

From publishing the first national directory of public sector contracts, to being the first to market with our online Tracker solution, we have been the true pioneers of technology and innovation in the public sector marketplace. Throughout our 39 years, we have continued to evolve and chart new territory – placing our customers at the heart of everything we do. Take your business to the next level with Tracker now.

If you request a demo today!

Download your Free UK Defence Industry Report

Start Your Free Trial Today

Download your Free UK Defence Industry Report

Download your Free UK Defence Industry Report

When you sign up for a 3 day free trial or demo.

Limited time only

    BiP Solutions owns DCI and we look after your details carefully. We offer a range of products, services and events (some of which are free) that help buyers tender more efficiently and suppliers find, bid for and win public and private sector contracts. Only tick this box if you wish to receive information about these. We will never share your details with third parties and you will have the opportunity of opting out of communications every time we contact you. For further details, please see our Privacy Policy