The Strategic Defence Review, due to be published Monday, will assess the threats facing the UK amid Russia’s ongoing war in Ukraine and pressure from US President Donald Trump for NATO allies to bolster their own defences.
The Labour leader also aimed to hike spending to three percent by the next parliament, due around 2029.
It also urges the government to “lay the industrial foundations for an uplift in munitions stockpiles to meet the demand of high-tempo warfare”, the Ministry of Defence said in a statement.
This investment -- which will see £6 billion spent on munitions this Parliamentary term -- will also create and support 1,800 jobs, the ministry said.
“We are strengthening the UK’s industrial base to better deter our adversaries and make the UK secure at home and strong abroad.”
The government has said it would cut the UK’s overseas aid budget to help fund the spending.
The document will warn of the “immediate and pressing” danger posed by Russia, as well as focusing on China, Iran and North Korea.
The government this week pledged over £1 billion for improving battlefield technology by bolstering AI and cybersecurity.
In that announcement Healey warned that “ways of warfare are rapidly changing” and that the UK was “facing daily cyber-attacks on this new frontline”.
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