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UK Launches Vision to Boost Defense Industry

Sep. 9, 2013 - 12:36PM   |  
By ANDREW CHUTER   |   Comments
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LONDON — A plan aimed at boosting the long-term viability of Britainís defense sector moved a step closer Monday with the government and local industry unveiling a new strategic vision document.

The vision, which has the backing of several government ministries, Prime Minister David Cameron and key industry companies, is expected to lead to an action plan unveiled in time for next yearís Farnborough Airshow in July.

The Defence Growth Partnership plan results from a similar cooperation between government and industry in the civil aerospace sector. That resulted in a stream of initiatives to boost Britainís long-term position in the sector, including a pledge of £500 million (US $781 million) from each side over four years to invest in research and development ideas.

A spokesman for the government business, innovation and skills department, which is leading the effort, said no spending commitments have been made for the defense growth scheme, and gave no guarantees that there would be.

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