BBC News: CEO welcomes increase in defence spending​

Evolve Dynamics’ CEO Tom Redman recently appeared on BBC Breakfast from Barrow-in-Furness – a cornerstone of the UK defence industry – to discuss the implications of the British government’s new defence spending commitments, ahead of Chancellor Rt Hon Rachel Reeves’ Spending Review.

The government’s Strategic Defence Review included a clear and welcome commitment of £400 million per year specifically targeted at supporting UK SME technology innovation in defence. This funding is critical to growing sovereign capability and accelerating the impact of British innovation.

Tom outlined how, if supported with access to this funding, Evolve Dynamics can help drive British economic growth – by hiring more British engineers, scaling our UK-based supply chain, and expanding British assembly and production.

Government commitment is the first step. Enabling innovative companies like Evolve Dynamics to access this funding is what will truly deliver strategic and economic value for the UK.

Watch the interview below. Broadcast from Barrow-in-Furness, home to BAE Systems’ submarine design and construction base.