The following is the U.K. Ministry of Defence 2022 Defence Equipment Report released in November.
From the report
The 2022 Equipment Plan comes at a pivotal point in time for Defence, one where we are entering a new age of warfare and defensive planning. The Ministry of Defence has become increasingly in the spotlight over the last year, as have our spending plans and capability investments been scrutinised in the wake of the Ukraine Russia conflict.
The events of the last few months have demonstrated the instability and unpredictability of the threat to our nation’s security but have also exemplified the ability Defence has to react and adapt rapidly to those emerging risks. Despite the turbulent climate, we are confident that the spending decisions outlined in the following Plan remain relevant and resilient to the changing nature of Defence.
The uplift received from the 2020 Spending Review meant we were able to rectify an existing deficit and instil stability and confidence in current and future spending forecasts. This has enabled us to invest in cutting edge capabilities that ensure we are threat ready and resilient against emerging risks. Within this Plan, we have continued the task of developing investment decisions from the integrated review into detailed spending plans. The 2021 Equipment Plan was the first in five years that was not described as unaffordable by the National Audit Office (NAO). We have retained an affordable position for the 2022 Plan and continue to hold a contingency to ensure resilience against emerging financial pressures.
There has been significant change, both in Defence and the world since the publication of the last Plan. We are experiencing a period of rising inflation, we are witnessing large scale conflict in Ukraine, and we have welcomed two new Prime Ministers. It is paramount therefore that the decisions reported each year are sustainable and resilient against current and future pressures. While this report is based on data that closed in March, and so will not reflect for the most part the impact of recent pressures, we nonetheless remain aware and responsive to their significance, particularly as we move forward into the next planning cycle.
In the Autumn Statement the Government has recognised the need to increase Defence spending. The case for this will be set out in the Integrated Review which will consider the response to the emerging threat. The outcome of this will be represented in future Equipment Plans.
The Plan is not immune to risk, we have set ambitious savings targets and made hard decisions in spending priorities across the Commands. We are confident however that the capabilities we are investing in, and spending decisions made in the last year, remain in line with the developing defence landscape and ensure we have a stable financial footing for this and future Plans.
The Rt Hon Ben Wallace MP, Secretary of State for Defence
Download the document here.