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£800m MoD innovation initiative announced
DB News: 08/12/2015 - 11:55
Defence Secretary Michael Fallon made the announcement, saying that it is vital that the MoD harnesses innovation to maintain an operational edge over enemies in the wake of evolving threats.
The MoD will work with allies as part of the new initiative, which will build on the agreement made earlier in 2015 with the US Secretary if Defence to work together on a combined approach to innovation, from technology and operational concepts, to war games and talent management.
Fallon promised that Scottish companies would play a large role and that new bodies to further advance military innovation would be established, including the Emerging Technology and Innovation Analysis Cell (ETIAC) to understand the implications of potentially game-changing technologies.
Fallon said: “As the threats we face grow, it is vital that we harness innovation. By using our rising defence budget to create a new fund backed by £800 million of new investment, we will ensure that we stay ahead of our enemies. I hope and expect Scottish companies will be heavily involved in this initiative.”
