We've already signed 1,400 major defence contracts. 94% of those, Mr. Speaker, are with British businesses.

The Government states more than 1,400 defence contracts have been signed since July 2024, with 94% of the total contract spend going to UK-based companies. The 94% figure refers to share of spend (not number of contracts) and has been questioned by industry over what counts as a 'British' company.

▸ GOV.UK — PM speech announcing the Defence Investment Plan: 30 June 2026

Checked Wed 1 Jul, 10:00 · Broadcast: PMQs: Prime Minister's Questions - 10 June 2026

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More fact-checks of “PMQs: Prime Minister's Questions - 10 June 2026”

True · We've increased defence spending from 2.3% to 2.6% in 2027. That's spending 270 billion pounds over this Parliament.

True · When they [the Conservatives] came into power defence spending was 2.5%, and they took it down to 2.3%.

True · They cut the army from 100,000 down to 72,000.

Imprecise · They missed army recruitment targets every single year for 14 years.

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