RAF pilots have now flown more than 2800 missions in Iraq and Syria against Islamic State, striking 865 times in Iraq and over 50 times in Syria.
£365m worth of aerospace R&D projects have been approved "to ensure the UK’s continued position at the forefront of global aerospace."
Following last week’s NATO summit, Britain has signed a contract for nine new P-8 maritime patrol aircraft.
Britain is to purchase three solar powered Zephyr 8 unmanned aircraft from Airbus. Zephyr is unique aircraft that offers a satellite like capability.
Defence Secretary Michael Fallon has praised the decisive difference made by the RAF in the liberation of Fallujah.