Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Defence Secretary Streeting calls for UK defence to boost use of AI

22nd Jul 2026 10:17

(Alliance News) - New Defence Secretary Wes Streeting said the UK's Armed Forces must boost their use of artificial intelligence.

On a visit to Hampshire's Farnborough Airshow, the Cabinet minister described a new deal with BAE Systems PLC as a "ground-breaking moment for UK defence".

Streeting said: "We must match the speed at which our adversaries are developing AI technology."

He made the comments as BAE Systems announced the Ministry of Defence has given it a contract extension worth GBP708 million to continue developing a next generation combat aircraft as part of the Global Combat Air Programme.

Richard Berthon, the MoD's director of future combat air, said: "This GBP708 million investment demonstrates the UK's continued commitment to maintaining a world-leading combat air capability and a freedom of action which ensures our Armed Forces remain equipped to meet future threats."

Declan Holland, future combat air systems managing director of BAE Systems' air sector, said: "Our contract builds on the strong progress already achieved across the UK's defence ecosystem, bringing together industry and academic partners to accelerate next-generation technologies.

"Through this work, we're delivering tangible outcomes for the Global Combat Air Programme by strengthening UK capability, supporting high-value innovation and contributing to long-term economic growth."

Business Secretary Jonathan Reynolds is also visiting Farnborough Airshow on Wednesday after he announced a GBP600 million package to back British aerospace.

It includes GBP500 million for aerospace research and technology projects for greener air travel, and GBP100 million for a supply chain fund to help meet demand.

BAE Systems shares rose 1.0% to 1,927.50 pence each on Wednesday morning in London.

By Neil Lancefield, Press Association Transport Correspondent

Press Association: News

source: PA

Copyright 2026 Alliance News Ltd. All Rights Reserved.


Related Shares:

BAE Systems
FTSE 100 Latest
Value10,716.97
Change131.06