Select committee: Public Accounts Committee
Conclusion 25
32nd Report - The Future of the Equipment Plan
Published 20 Jun 2025
Addressed to HM Treasury
Public Accounts Committee The Future of the Equipment Plan All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗
Conclusion (the committee's words)
The Department published an Equipment Plan (the Plan) each year from 2012 to 2022, setting out its 10-year spending plans for equipment procurement and support projects. The Department’s aim was to produce a reliable assessment of the affordability of its equipment programme, and to demonstrate to Parliament how it intended to manage its equipment funding. Each year, the National Audit Office published a report examining the Department’s assessment of the Plan’s affordability and its response to the financial challenges it faced.51
From: Public Accounts Committee, 32nd Report - The Future of the Equipment Plan (HC 716), 20 June 2025
Government response
Latest Treasury Minutes progress report to the Committee of Public Accounts on the Thirty-second Report of Session 2024-26
The government responded to the whole report on 4 June 2026 (deadline 20 August 2025).
Treasury minutes: Government response to the Committee of Public Accounts on the Thirty-second report from Session 2024-26
Published 16 September 2025.
Summary written by Accountability Index from the government's response. It is not the government's own words.The government agrees with five of the Committee's recommendations on Ukraine support, procurement reform, the Strategic Defence Review and annual reporting, and disagrees with the recommendation on detailed Defence Nuclear Enterprise cost reporting in the annual update.
- On Ukraine, the government agrees with the recommendation and states that the department will support Ukraine "for as long as it takes", expecting to provide £4.5 billion in capability support this financial year.
- It agrees to update the Committee by June 2026 on procurement lessons from Ukraine and on how procurement has improved under the National Armaments Director Group, with a target to agree key performance indicators "within the next three months".
- It agrees to turn the Strategic Defence Review into a Defence Investment Plan, to be published in the autumn, which the department "will ensure" is affordable, and says it will provide updates "as requested by the Committee".
- It disagrees on Defence Nuclear Enterprise reporting, saying it is "better" to provide the financial information within wider MOD financial reporting, and is "continuing to consider" an earlier proposal for a new scrutiny committee.