Agreed joint statement from HM Treasury and the Investment Association
Statement released today (23 April 2024)

Investing in defence companies contributes to our national security, defends the civil liberties we all enjoy, while delivering long-term returns for pensions funds and retail investors.
That is why the UK鈥檚 world leading investment management industry supports our defence sector, with the Investment Association鈥檚 members having invested 拢35 billion in UK defence companies.
Investing in good, high-quality, well-run defence companies is compatible with ESG considerations as long-term sustainable investment is about helping all sectors and all companies in the economy succeed.