British Prime Minister Boris Johnson unveils today, Thursday, an investment program in the armed forces, described as the largest since the end of the Cold War, in response to the ruling Conservative Party's pledge in its election manifesto last year to increase defense spending by 0.5% until 2025.

Johnson will announce to lawmakers in the House of Commons about 16.5 billion pounds (22 billion dollars) in additional funding for military matters over the next four years.

Johnson's office said the financial support "strengthens the UK's position as the largest defense spender in Europe and the second in NATO."

The Prime Minister is moving forward with this commitment despite the historic recession that struck the British economy this year due to the Corona crisis, which prompted the government to spend unprecedented spending to support individuals and companies.

According to excerpts published from Johnson's speech, "This decision was made in the midst of the pandemic crisis because defending the homeland must come first." For its history, and to stand by its allies. "

The increase in military spending in Britain - which will total 24.1 billion pounds within 4 years - comes at a pivotal moment for the country, as after its exit from the European Union formally, Britain ends the transition phase to start a new era in international relations and trade.

Electronic and space capabilities

The Prime Minister's Office indicated that the increase in British military investment will focus on advanced technology, including electronic and space capabilities, in addition to addressing weaknesses in its defense arsenal.

Johnson will also announce the creation of a new agency concerned with artificial intelligence and the establishment of a national cyber force and space leadership that will be able to launch its first missile by 2022, and 6 billion pounds will be spent on military research and development, including the modernization of air warfare systems.

Defense Minister Ben Wallace said this settlement would provide "the financial stability we need to modernize, plan for the future, and adapt to the threats we face."

"Defense will be at the front end to create job opportunities and jobs that will help us recover after the pandemic," he added.