UK PM Rishi Sunak announces £10bn long-term funding for munitions.

UK PM Rishi Sunak announces £10bn ($12.43bn) long-term funding for munitions, placing UK's defense industry on a "war footing". This comes in response to Russia's invasion of Ukraine, with the aim of strengthening NATO's position & ensuring the UK has deeper stockpiles of munitions & quicker replenishment capabilities. Sunak emphasizes that the UK is not seeking conflict.

April 23, 2024
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