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The MoD spent a record £34.1bn with UK industry in 2025/26, including £20.9bn on equipment and support. But SMEs’ share of direct spending remained unchanged.
The European Space Agency (ESA) has contracted ClearSpace for the new phase of Phoenix’s rendezvous, docking and servicing technologies, towards commercial GEO satellite life-extension services.
Through a long-term UK Ministry of Defence (MoD) agreement, BAE Systems will continue to supply the British Army with critical system components to maintain operational readiness of essential artillery equipment, such as the 105mm Light Gun.
