Grant Shapps has just delivered a speech at the Sea Power Conference discussing the future of the Royal Navy's capabilities.
Here are the key points of what he said (this post was updated live):
- The defence secretary opens by explaining that in less than a year, the navy has had to use its missiles multiple times - something that has not happened in recent years;
- With the threat of cheap drones being used by groups like the Houthis, he says it is "very clear we are operating in a new military age";
- Mr Shapps argues that the UK is modernising its defence capabilities, from procurement to refreshing the nuclear deterrent;
- He hails the "global footprint" of the navy, saying that given the impact on British citizens of any disruption to global trade, he rejects any suggestion that the focus should be closer to home;
- As the 80th anniversary of D-Day approaches next month, Mr Shapps says he is "delighted" to confirm that "up to six" new versatile warships will be built to support the Royal Marines;
- He wants the new ships to be built in the UK, and says this move is "securing tens of thousands of jobs in coastal areas across the UK";
- The defence secretary announces that in the future, more Royal Navy ships will be equipped with "land strike capability";
- He argues that the government has set out a plan to increase defence spending to 2.5% of GDP by 2030, and to pay for it - not explicitly hitting out at Labour for not matching the pledge, but strongly implying it;
- He closes by praising the "world class" men and women of the Royal Navy.