Philip Dunne welcomes the Government commitment to increase defence spending to 2.5% of GDP, and asked the Defence Secretary to elaborate on the balance of extra spending between meeting the existing challenges in the Equipment Plan and introducing innovative new capability through the new procurement model.
Philip Dunne (Ludlow) (Con)
I refer the House to my entry in the Register of Members’ Financial Interests.
I also warmly welcome the increase of defence spending to 2.5% of GDP, and I congratulate my right hon. Friend and the Prime Minister on the leadership role they are providing to NATO. On where this extra money will go, will my right hon. Friend elaborate a little more on the balance between meeting the existing challenges in the equipment plan and introducing innovative new capability through the new procurement model that he commended to the House earlier?
The Secretary of State for Defence (Grant Shapps)
We will both ensure that we deliver the things that we have said we will deliver. In a changing world, with the threat of Iran, Russia, a much more assertive China and a nuclear-armed North Korea, we are adjusting our programme to ensure that it does what is required.
New innovations, as my right hon. Friend will have gathered from my comments about spending 5% of GDP on R&D, are very important to us. We can now see how, in an asymmetric war, Russia’s entire Black Sea fleet has been made inoperative by a Ukrainian navy that has no fleet at all—a ghost fleet. We need to consider how we do all that, and this money will be used wisely in that context.