TNW | Uk
UK defence firms plan to invest £19.75bn over the next year
A White & Case study of 250 companies found air defence and counter-drone systems top their technology plans.
Via TNW | Uk
·Excerpt
UK defence companies plan to invest a combined £19.75bn over the next 12 months, according to new research from law firm White & Case.
Research company Censuswide surveyed 250 senior decision-makers at UK defence companies and defence technology start-ups for the study between 17 and 24 September. The £19.75bn is the total for those 250 firms, which plan to invest an average of £79m each.
Most expect to spend heavily. More than a quarter (27%) plan to invest over £100m…
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