UK defence firms plan to invest £19.75bn over the next year

Research by White & Case and Censuswide found that 250 UK defence companies and startups plan to invest a combined £19.75bn over the next 12 months, averaging £79m each. 56% will invest in defence technology and 57% in traditional hardware, with cybersecurity (46%), advanced sensors (45%) and space tech (39%) as top priorities.

• 250 firms plan to invest £19.75bn, averaging £79m each
• 27% plan to invest over £100m, another 67% between £50m and £100m
• 56% will invest in defence tech, 57% in traditional hardware
• 97% plan to raise significant external funding over the next year