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defence tech

  • BT bags five-year digital contract with BAE Systems

    Tech

    BT has signed a five-year deal with BAE Systems to provide secure connectivity across the defence giant’s global operations, as military contractors ramp up digital infrastructure spend. The contract will see BT support BAE’s network across 40 countries, with an option to extend the partnership by an additional three years. The deal comes as BAE, [...]

    Defence
  • 14 charts reveal the massive challenges facing UK and NATO defence spending

    Politics

    Defence spending is casting a shadow over Downing Street. Military officers are in a state of despair. The choices facing Sir Keir Starmer are stark. The political calculus for the Chancellor, Rachel Reeves, has become more complicated than ever as the Iran war puts public finances in danger. Their difficulties go back to February 2025 [...]

    Rachel Reeves Spring Statement
  • Babcock shares surge as Starmer calls for Europe to ‘step up’ on defence

    Economics

    Shares in Britain’s defence giants rallied on Monday morning as Prime Minister Sir Keir Starmer called for Europe to “step up” on defence spending. Babcock – which plays a key role in the UK’s nuclear submarine fleet as well as naval, land and air operations – surged nearly four per cent in early trading to [...]

    Keir Starmer discussing UKs defense strategy with BAE Systems executives in a formal meeting setting
  • Financial services to plough cash into UK defence in 2026

    December 29, 2025

    Financial services are planning to pump cash into the UK’s defence sector next year after facing pressure to ramp up investment amid increased geopolitical tensions. Nearly two-thirds of financial services leaders expect the sector to increase investment in UK defence in 2026, with more than a quarter anticipating that investment will rise “much more” over [...]

  • Britain must invest in defence AI to secure its future

    December 5, 2025

    The UK has the talent and industrial base to compete in defence tech, but leveraging these effectively will require more than investment.

  • Ex-head of British Army to lead Santander’s defence lending

    October 6, 2025

    The former head of the British Army is set to lead Santander’s bid to bolster its defence lending as the industry experiences soaring demand with nations upping spending. General Sir Patrick Sanders was the chief of the general staff from 2022 to 2024 in the British Army and is set to join the Spanish-headquartered bank [...]

  • UK veterans drive defence tech boom

    September 29, 2025

    Defence tech startups are booming across Europe, powered by an influx of UK military veterans and record levels of VC investment. Yet, a new report found critical gaps in space tech and AI chips could leave the country exposed. The State of Defence Tech 2025 report has revealed that defence startups have secured $1.5bn (£1.12bn) [...]

  • Britain secures £10bn warship deal with Norway

    August 31, 2025

    The UK has agreed a £10bn deal to supply Norway with at least five new warships, in what both governments are hailing as a landmark for defence cooperation, but which analysts say also underscores rising geopolitical tensions and the pressure on NATO allies to increase spending. Under the agreement, Britain will deliver ‘type 26’ frigates [...]

  • UK defence tech pivots from taboo to City darling

    August 28, 2025

    The UK’s deep tech sector is navigating a seismic shift in investor sentiment toward defence technology. Once a frowned-upon sector, defence is now shedding its taboo, driven primarily by global instability and recent geopolitical headwinds. This transformation, while opening the doors to new investment opportunities, also reveals underlying issues in the UK’s approach to technology [...]

  • Cohort’s shares rally after soaring defence demand spikes profit

    July 16, 2025

    Defence tech group Cohort shot past market expectations for the year ending April 30 as geopolitical tensions helped spike demand. The London-listed firm, whose customers included the UK Ministry of Defence, recorded a pre-tax profit of £25.6m, up 29 per cent from 2024. This came as revenue jumped 33 per cent to £270m as the [...]

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