My hon. Friend, who is a strong champion for her community, has made an excellent point. Defence is about not just security but skilled employment and regional growth. That is precisely why industry needs long-term certainty, so that those jobs can expand and endure.
Let me move on to the defence investment plan, which was promised last autumn. We are still waiting. Industry and trade union leaders say that the delay has created a planning “vacuum”. Companies cannot invest in new facilities, expand supply chains, or recruit or even retain skilled workers when they lack clarity on future procurement pipelines. This uncertainty is not merely an accounting inconvenience; it has real-world consequences. It affects jobs in communities across our country, the resilience of our industrial base and the armed forces themselves, who depend on predictable equipment delivery and long-term sustainability arrangements.
To put it simply, uncertainty costs money and capability. If we are serious about strengthening defence, we must be equally serious about strengthening defence industrial capacity, and that means four things. First, it means long-term certainty in procurement pipelines so that firms can invest confidently. Secondly, it means streamlined acquisition processes to reduce delays, bureaucracy and duplication. Thirdly, it means a sustained focus on skills, workforce development and supply chain resilience, ensuring that we can retain critical sovereign capabilities in areas such as ship and aircraft building, advanced manufacturing, cyber and emerging technologies, and can build additional production capacity so that we are not just competing with our allies to spend more money to achieve the same outputs, and so that we can export at scale and contribute to UK growth. Fourthly, we need improved access to credit so that industry can invest over the required timescales. I hope that my fellow Defence Committee members will elaborate further on that element; I am sure that, in particular, my hon. Friend the Member for Aldershot (Alex Baker) will focus on it. Industrial capacity is not just a secondary concern; it is a strategic asset, and a decisive factor in deterrence and conflict.