Source · Select Committees · Public Accounts Committee
32nd Report - The Future of the Equipment Plan
Public Accounts Committee
HC 716
Published 20 June 2025
Conclusions (1)
24
Conclusion
Acknowledged
In March 2025, the government announced that it will increase defence spending to 2.5% of gross domestic product from April 2027.48 However, the Department told us it is only midway through the process of deciding how to invest the additional funding in priorities that ensure the armed forces deliver what …
Government Response Summary
The government acknowledged the increase in defence spending to 2.5% of GDP from April 2027.