Tag: defence procurement

Business

Arms Firms Must Spend Profits in Britain

Paige Shiver

Defence Cashback Scheme Launches LONDON, England — Britain’s Ministry of Defence has introduced an exciting innovation in military procurement. Buy expensive weapons from overseas and demand that the manufacturer provide enough British economic benefits to make the transaction look like a national industrial strategy. UK Defence Offset Policy: How It Works The government’s new UK defence offset policy allows selected overseas defence contracts to carry investment obligations potentially worth 100…

Governance International News

UK Military Defence Spending: Army Told to Defend Britain, Generals Ask If It Still Exists

Morag Sinclair

Experts suggest the Armed Forces should protect their own country, raising awkward questions about commitments across five continents LONDON, ENGLAND – A new report suggests Britain’s Armed Forces should put greater emphasis on defending Britain, a controversial notion that could change how military planners interpret the word “defence”. The Transition Security Project argues that the UK keeps an unusually extensive network of overseas military commitments, with roughly 23% of the…