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UK to launch £250m defence strategy to boost jobs
The UK Government's £250 million investment aims to create up to 50,000 new defence jobs by 2035 while fostering innovation across five regional growth deals.
The UK government will unveil a £250m Defence Industrial Strategy to support economic growth and innovation in the defence sector.
The strategy includes five Defence Growth Deals aimed at creating jobs, developing skills, and fostering innovation across the UK.
The DIS is a long-term investment in both security and a high-growth economy as defence spending is set to rise to 3% of GDP by 2027.