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More than £30bn of British defence investment spent abroad with foreign suppliers

Oliver Partridge
3 hours ago
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More than £30bn of British defence investment spent abroad with foreign suppliers

More than £30billion in UK defence contracts awarded over the past five years went to foreign-owned companies operating in Britain, despite being classified by the Ministry of Defence as domestic investment.The data, released to the Telegraph under freedom of information laws, show that £31.7billion in defence contracts since 2021 went to foreign-controlled businesses with offices or subsidiaries in the UK, while £3.5billion was awarded to overseas suppliers with no UK presence.The figures have prompted criticism from opposition politicians and defence specialists, who argue that the Government’s definition of a British company can obscure where taxpayers’ money ultimately goes.The defence industry has dubbed the practice...

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