10 Apr New UK Defence Equipment Plan sees Greater Funding for Procurement at the Expense of Sustainment
By Ben Goodlad
The UK’s recently released 2017 Equipment Plan reveals that between 2017 and 2026 the UK intends to spend £2.4 billion less than the figure stated in the 2016 Equipment Plan for the same period. This reduction will be seen in the equipment support with projected spending over the period from 2017/18 to 2025/26 falling by £3.5 billion from £82.4 billion in the 2016 Equipment Plan to £78.9 billion. The majority of this reduction can be found in the planned equipment support for new equipment, showing a hope that the sustainment bill for newly procured weapons, platforms and systems will be lower than anticipated.
ABOUT THE AUTHORS
Ben Goodlad is an Analysis Manager with Avascent Analytics, based in Avascent’s London office. Ben was previously a Principal Weapons Analyst at Jane’s, joining in 2007. Whilst at Jane’s, Ben specialized in weapons and ground vehicle markets, providing analysis and 10-year market forecasts. During this time Ben has been quoted by international media regarding UK defence issues including analysis of the 2010 and 2015 Strategic Defence and Security Reviews.
Prior to joining Jane’s Ben served with the British Territorial Army and graduated from King’s College London with a BA in War Studies. For more information, contact: email@example.com.
Avascent is the leading independent strategy and management consulting firm for government-driven markets, with more than 30 years’ experience supporting corporate leaders, investors and government stakeholders in the aerospace, defence, security, and public services markets. Our growing presence in London, Paris, Warsaw, Ottawa, Tokyo, and Washington DC, combined with our worldwide network of partners, reflects our clients’ distinct needs. We operate in highly integrated teams within and across borders, united by a shared set of values and commitment to serving our clients.