Question to the Ministry of Defence:

To ask the Secretary of State for Defence, whether his Department has assessed the potential impact of a lack of long-term demand certainty on the ability of defence companies to raise external finance.

Delivering on the commitments made in the Strategic Defence Review and Defence Industrial Strategy, we are developing a dedicated Defence Finance and Investment Strategy (DFIS). This is supported by a Defence Investors’ Advisory Group, bringing together senior expertise from across the finance and investment ecosystem.

The DFIS will set out a new long-term, strategic partnership with finance and investment. This partnership aims to leverage the strengths of the UK's world-leading financial ecosystem to support our defence objectives while fostering national economic growth.