Question to the Ministry of Defence:
To ask the Secretary of State for Defence, what estimate he has made of the savings which need to be realised by his Department over the 10 years to 2026-27.
In the 2015 Spending Review, the Ministry of Defence agreed to an efficiency target of £7.4 billion between 2016 and 2021. These efficiencies will be sustainable and their enduring benefits, when carried forward a further five years, will release a total of around £20 billion of efficiency savings over the 10 years to 2025-26 - or £23 billion by 2026-27.
As a Department, we have also delivered over £5 billion of efficiency savings between 2010-2016, and are making good progress towards our Spending Review 2015 target.