Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleBAE Systems CEO Charles Woodburn has warned that UK defence spending "falls well short" of what is required, describing the current global climate as "the most threatening time I've seen". Woodburn expressed significant concern over Russia's military advancements and the ongoing conflict in Ukraine, noting the profound changes in modern warfare, particularly the effective use of drones. Despite the government's allocation of an additional £15 billion for defence, Woodburn reiterated that this funding remains insufficient to adequately protect the country. John Healey, who previously resigned as defence secretary citing inadequate military funding, has since been appointed Chancellor, a move that led to a rise in defence company shares due to expectations of increased spending. BAE Systems recently secured a £708 million contract extension from the Ministry of Defence to continue developing a next-generation combat aircraft, an investment welcomed by the new Defence Secretary Wes Streeting. In fullUK defence spending ‘not enough to protect the country’, BAE boss warnsMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
Defence boss warns UK is complacent about risk of foreign attack
Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleBAE Systems CEO Charles Woodburn has warned that UK defence spending "falls well short" of what is required, describing the current global climate as "the most threatening time I've seen". Woodburn expressed significant concern over Russia's military advancements and the ongoing conflict in Ukraine, noting the profound changes in modern warfare, particularly the effective use of drones. Despite the government's allocation of an additional £15 billion for defence, Woodburn reiterated that this funding remains insufficient to adequately protect the country. John Healey, who previously resigned as defence secretary citing inadequate military funding, has since been appointed Chancellor, a move that led to a rise in defence company shares due to expectations of increased spending. BAE Systems recently secured a £708 million contract extension from the Ministry of Defence to continue developing a next-generation combat aircraft, an investment welcomed by the new Defence Secretary Wes Streeting. In fullUK defence spending ‘not enough to protect the country’, BAE boss warnsMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
