Serco, the international provider of critical government services, has been awarded three contracts with a combined value of over £1Bn by the UK Ministry of Defence to provide maritime services for the Royal Navy. The contracts, which replace existing services and expand into new capabilities will commence later this year. Serco ...
In the Spring Statement, Chancellor Rachel Reeves reaffirmed the government’s commitment to defence modernisation with the UK Defence Innovation Fund (UKDI) allocating £400m to accelerate defence spending 1. The investment isn’t just about boosting military spending though, says Karim Budabuss, Director – Grant Advisory at ForrestBrown. It signals a broader ambition ...
A new report has revealed that companies funded by the Defence and Security Accelerator (DASA) have generated nearly £1Bn in economic value and created over 1,800 jobs across the UK. The independent research, conducted by Beauhurst, demonstrates how DASA’s support for innovative small and medium-sized enterprises (SMEs) is delivering significant benefits for both national ...
Industry, innovators and investors will benefit from a new partnership with UK Defence, making it easier and more attractive to do business than ever before. The Defence Secretary has set out a package of measures to foster easier access to the defence market, including: Defence Tech Scaler: A new Ministry of Defence Marketplace ...
June 16, 2026
Homeland - Yorkshire Regional Defence & Security Cluster Launches
Four Yorkshire mayors have united to launch the Yorkshire Regional Defence & Security Cluster (YRDSC), a new member-led body designed
June 16, 2026
Land - Finnish Armoured Vehicle Output to Scale Rapidly as Valmet Automotive Expands Patria Partnership
Finnish contract manufacturer Valmet Automotive has signed a new multi-year agreement with Patria to significantly scale production of the Patria
