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Navy: Finance

Question for Ministry of Defence

UIN HL7169, tabled on 17 March 2016

To ask Her Majesty’s Government what consideration was given in the Budget to the commitment made by the Prime Minister, when introducing the Strategic Defence and Security Review 2015, that there would be a bigger navy by 2030.

Answered on

24 March 2016

Government commitments to maintain defence spending above the NATO target of 2 per cent of GDP, and to increase the defence budget by 0.5 per cent above inflation each year until 2020-21 were unchanged by the Budget.

We will publish our national shipbuilding strategy later this year, which will lay the foundations for a modern and efficient sector capable of meeting the UK’s future defence and security needs. Furthermore, as announced in the Strategic Defence and Security Review, we intend to launch a concept study to design and build a new class of lighter, flexible, and exportable frigate so that by the 2030s we can further increase our total number of frigates and destroyers.