DEFENCE secretary Michael Fallon spoke of the major financial package coming to Portsmouth Naval Base at the Conservative Party conference this morning.
Mr Fallon announced a £3.2bn deal has been drawn up to improve bases at Portsmouth, Plymouth and the Clyde, in Scotland, following a statement released about the move today.
It will help to secure 7,500 jobs and is part of the government’s pledge to spend £164m in the defence sector within the next decade.
The RAF will get new fighter planes and the British Army will secure 600 armoured vehicles, the biggest order of army equipment in the last 30 years.
Mr Fallon said thanks to his predecessors, the defence budget was on a ‘secure footing’ which has enabled investments to be made.
Speaking at the conference, Mr Fallon said: ‘We have the largest and biggest armed forces, working 24/7 across the world to protect us.
‘Often out of sight, but never out of mind.
‘Our military embody the very best of British values.’