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War, what is it good for? The defence industry

15 0
25.02.2025

EPISKOPI, CYPRUS – OCTOBER 2: Defence Secretary John Healey visits Joint Forces service personnel at Bloodhound Camp, Episkopi, Limassol, during a visit to Cyprus to meet troops as the Government steps up efforts for a potential evacuation of Lebanon with the Middle East teetering on the brink of wider war on October 2, 2024 in Episkopi, Cyprus. Mr Healey confirmed British forces were involved in efforts to defend Israel from Iran’s ballistic missile barrage as Prime Minister Sir Keir Starmer warned of the risk of a “miscalculation” after the escalation of violence in the region. It is understood RAF jets were involved in the efforts to intercept the Iranian missiles targeted at Iran. (Photo by Yui Mok – Pool/Getty Images)

The government has announced some of the ministry of defence in over 50 years, and there is one important element which should be firmly on the radar of business, says Eliot Wilson

Last week the defence secretary, John Healey, gave a speech at the Institute for Government (IfG) on “reforming UK defence”. What would normally have been a wonkish Whitehall-insiders-only talk became the IfG’s most streamed event ever: the timing, amid the whirlwind of news about Ukraine, was impeccable. Healey set out the biggest changes to the ministry of defence in more than 50 years, and there is one........

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