UK to spend $3B on munitions, stockpiles

UK to spend $3B on munitions, stockpiles Britain will announce on Tuesday plans to improve the combat readiness of its military, including spending 2.5 billion pounds ($3.3 billion) on replenishing munitions and stockpiles that have been depleted by the war in Ukraine, Report informs, citing Reu
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July 18, 2023 09:18
UK to spend $3B on munitions, stockpiles

Britain will announce on Tuesday plans to improve the combat readiness of its military, including spending 2.5 billion pounds ($3.3 billion) on replenishing munitions and stockpiles that have been depleted by the war in Ukraine, Report informs, citing Reuters.

The war has exposed weaknesses in the British military, including the dwindling reserves of some munitions and a lack of industrial capacity needed to ramp up production quickly as Britain has supplied Ukraine with weapons to use against Russia.

The defence minister Ben Wallace, who announced at the weekend he will be stand down soon, said the strategy would ensure that Britain remained at the forefront of military capability, and a leading power in NATO.

Britain announced earlier this year it would spend an extra 5 billion pounds on defence to take it to about 2.25% of gross domestic product this year and next, from about 2% previously.

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