About the Defence Procurement & Supply Chain Summit
The Defence Procurement & Supply Chain Summit is a premier event dedicated to the UK government’s commitment to increasing defence spending to 2.5% of GDP starting from April 2027. The summit will highlight the additional £2.2 billion allocated to the Ministry of Defence next year, which is part of the broader plan to achieve the 2.5% GDP target. The event will also emphasise the government’s major support for small and medium enterprises (SMEs) in the defence sector.
Objectives:
Highlight Government Commitment
Showcase the government’s historic commitment to increasing defence spending and its implications for the defence sector.
SME Engagement
Promote new SME spending targets for defence to boost access to UK defence investment.
Support Hub Launch
Introduce a new support hub that will provide guidance to small businesses on accessing the defence supply chain.
Economic Impact
Discuss the economic benefits of increased defence spending for small towns and suburbs across the UK.
Defence Industrial Strategy
Explore the Government’s new Defence Industrial Strategy and its impact on defence procurement and supply chains.
SME Engagement Opportunities
Provide SMEs with insights on how to engage with the additional event spend and access supply chain opportunities.
Key Topics:
Government's Defence Spending Increase
Additional £2.2 Billion Allocation for the Ministry of Defence