June 21, 2022
1 min read

Defence industry lauds UK govt

Defence Secretary Ben Wallace said, “Backed by our formidable Defence industry, the UK has been one of the global leaders in providing military assistance to support Ukraine’s armed forces…reports Asian Lite News

The roundtable, convened at Downing Street with thirteen industry Chief Executives, comes as industry organisations across the country came forward to submit proposals that could accelerate the development of equipment for Ukraine’s armed forces.

The £25 million campaign fund – launched by Ministers in late May – focused on bolstering the existing provision for artillery, coastal defence and aerial systems. 295 proposals were received and sifting has begun, with a view to funding allocations beginning in the coming weeks.

Defence Secretary Ben Wallace said, “Backed by our formidable Defence industry, the UK has been one of the global leaders in providing military assistance to support Ukraine’s armed forces. Their creativity and commitment to this complex and demanding problem has been invaluable to helping resist the Russian invasion. As this unprovoked attack continues and Russia’s tactics change, we are working closely with industry partners to provide innovative solutions that will bolster the heroic Ukrainian efforts for the coming weeks and months.”

Through the £25 million innovation fund, the Government believes drawing on UK expertise across the defence industry, including from innovative small and medium-sized enterprises, could provide battle-winning solutions for the Ukrainian forces.

The UK has already committed more than £2.8 billion to support Ukraine through humanitarian aid and grants, as well as military kit including 120 armoured vehicles, air defence systems and more than 6,500 anti-tank missiles.

ALSO READ-Boris calls for compromise  

Previous Story

Boris hails India-UK FTA as ‘biggest of them all’

Next Story

Germany donates howitzers to Ukraine

Latest from -Top News

Is Bangladesh cosying up to Beijing and Islamabad?

The Kunming gathering appears to mark the beginning of a dangerous geopolitical maneuver. Behind the diplomatic curtain, efforts to forge a strategic bloc seem to be underway—one that not only threatens regional

UAE rolls out red carpet for Indian start-ups

MoU signed with IIT Bombay’s SINE as CEPA Start-up Series aims to accelerate market access for Indian ventures In a bid to bolster cross-border entrepreneurship and innovation, the UAE-India CEPA Council (UICC),

Fuel switch mystery in Air India horror crash

Cockpit voice recordings, fuel switch anomalies and a possible overlooked advisory emerge in early findings The preliminary investigation into the crash of Air India flight AI171, which went down shortly after take-off

Pentagon takes stake in rare earth firm

This partnership aims to enhance the US’s strategic independence in critical minerals, which are essential for both defense and commercial applications In a significant move to bolster domestic rare earth production, MP

UK Leaders Slam Bangladesh Interim Rule

UK Leaders Urge Starmer to Act Against Bangladesh Interim Regime…reports Asian Lite News Several prominent UK politicians — including current and former lawmakers — along with human rights advocates and religious community
Go toTop

Don't Miss

Zahawi faces exit

Prime Minister orders probe into the tax affairs of the

Liz Truss wins UK PM race

Rishi Sunak and Liz Truss rose to the Conservative ranks