UK Prime Minister pledges near $105B defense budget by 2029

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The UK Prime Minister committed to nearly $105 billion defense spending by 2029, including an £8.6 billion investment in the Defence Investment Plan. The UK is also renewing its commitment to develop sixth generation fighter jets through the Global Combat Air Programme with Italy and Japan.

Courtesy of a £8.6 billion investment in the forthcoming Defence Investment Plan, the UK is also “renewing” a commitment to build sixth generation fighter jets, under the Global Combat Air Programme (GCAP), in collaboration with Italy and Japan.