MGI Engineering welcomes UK Defence Investment Plan and £5bn drone technology commitment

July 1, 2026
Leopardshark

MGI Engineering has welcomed the UK Government’s Defence Investment Plan, published on 30 June 2026, and its proposed £5 billion commitment to drones and autonomous systems.

The announcement reflects the growing importance of uncrewed and autonomous platforms within the UK’s future defence capability, as well as the role that agile British engineering businesses can play in helping to accelerate innovation into operational use.

Mike Gascoyne, CEO of MGI Engineering, has commented on the significance of the announcement and the opportunity it creates for UK SMEs working across the defence technology sector.

MGI Defence has published the full statement, including Mike’s comments on the importance of ensuring that investment reaches the companies driving innovation across the UK defence industrial base.