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Defence Equipment Plan

29 November 2022

Proposing MP
Ben Wallace Con
Wyre and Preston North
Type
Written Ministerial Statement
Department
Ministry of Defence
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At a Glance

Issue Summary

The statement addresses the release of the 2022 Defence Equipment Plan report, detailing equipment procurement and support plans over ten years.

Action Requested

Mr Ben Wallace announces the publication of the 2022 Defence Equipment Plan report and outlines improvements made in its production process. He confirms that the Department remains confident despite financial pressures and inflation risks.

Key Facts

  • The 2022 Defence Equipment Plan report details spending plans over a period of 10 years.
  • The uplift from the 2020 Spending Review rectified an existing deficit and produced an affordable plan.
  • Significant improvements have been made in process and production, including revised guidance for realism judgments and strengthened affordability assessment.
  • Autumn Statement recognised the need to increase Defence spending.
  • Ambitious savings targets and hard decisions on spending priorities across Commands have been set.
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