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Published: 07 April 2026
Economics of defence: UK growth opportunity (PDF)
PDF Report: Discover how increased defence spending could boost UK growth and learn about the barriers the industry and investors must address.
In brief:
- Increased defence spending could permanently raise UK GDP by £30bn a year.
- The scale of economic impact is shaped by how money is spent — what it funds, who receives it, where it flows, and when it is deployed.
- Barriers that must be addressed to unlock the opportunity include procurement pace, small and medium-sized enterprise (SME) participation, industrial capacity constraints and near-term funding pressures.
- Governments, the defence industry and investors will need to work together to deliver both security and economic priorities.