Defence Industrial Strategy

Part of Defence – in the House of Commons on 6th July 2020.

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Photo of Ben Wallace Ben Wallace The Secretary of State for Defence

My right hon. Friend is absolutely right to highlight the fact that defence procurement and innovation should be linked and should link into prosperity and alternatives, using that technology to enhance prosperity across the United Kingdom. During the financial year 2018-19, Defence invested £1.65 billion in research and development, which included £580 million spent on cutting-edge science and technology. Without trying to pre-empt the integrated review, it is absolutely clear that at the heart of it will be not only innovation but a recognition that prosperity is what our taxpayers, at local and UK level, should expect for their money.