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  • Aeronautics and cybersecurity are key focuses of the fund.
  • Defence competitions are increasingly seeking equipment with both civilian and military applications.
  • The move marks the latest in a string of initiatives aimed at smaller firms.
  • The announcement comes as NATO looks to introduce a new 3.5% core defence spending target later this month. 
  • The SDR serves as a clear and detailed guide to the UK’s defence position and posture.
  • The changes will help create a clearer division of responsibilities between the armed forces and its procurement division.
  • The call represents a coming of age for NATO’s DIANA organisation, as it seeks innovations across 10 challenge areas. 
  • The Polish government will reallocate the money from an EU recovery programme.  
  • The acquisitions aim to urgently modernise the military in response to the rapidly evolving nature of warfare.  
  • The plan prioritises new undersea autonomous systems.
  • The spending boost follows similar overtures from Italy to court the US.
  • The announcement came amid bilateral talks between Italy and the US. 
  • The plan is heralded as the “most drastic transformation” of the country’s armed forces by the prime minister.
  • Armaments takes up the largest share of funding.
  • The rise preempts the anticipated NATO spending target increase in June.
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