
Supplier Diversity & InclusionSME & Finance

Anmol Sharma
11/09/2026
£2.5 Billion Is Coming for UK SMEs: Why Diverse Suppliers Should Be First in Line for the Defence Boom
The UK government has committed to raising defence spending to 2.6% of GDP by 2027, with NATO allies agreeing a longer term ambition of 3.5% by 2035. Within that spending, the Defence Industrial Strategy sets a specific target to boost spending with SMEs by £2.5 billion by May 2028. For diverse owned businesses, women owned, ethnic minority owned, disabled owned, veteran owned, LGBTQ+ owned, and social enterprises, this is one of the most significant supply chain openings in a sector that has historically been hard to break into.