Outside the system

The Business of War: Who Really Benefits From Britain’s Planned Military Spending Surge?

As the Government gears up for a military spending bonanza, Iain Overton asks whether Britain is really defending its territory, or simply the profits of the global defence industry

Defence Secretary Wes Streeting at the unveiling of UK’s first uncrewed autonomous Collaborative Combat Aircraft (CCA) named Brontanax at the BAE Systems stand at the Farnborough International Airshow, Wednesday 22 July 2026. Photo: Andrew Matthews/PA Images/Alamy