UKEF £50bn Defence Export Fund
Support large-scale UK defence exports
Key terms
- Borrower or issuer
- UK Export Finance
- Date
- 30 Jun 2026
- Type
- Export credit
- Amount
- £50bn (US$67.0bn)
This is a programme-level or conditional commitment. It is listed for reference and left out of funded totals.
Recorded terms
- Structure
- New £50bn allocation of UKEF loans and guarantees for defence exports: guarantees of bank loans to UK defence exporters and buyer finance for allied governments
- Lenders and arrangers
- UK Export Finance
- Country
- United Kingdom
Parties
- UK Export Finance borrower or issuer
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 9 Jan 2026 | BGK ECA-backed facilities for the K2 tank contract (KEXIM and Santander) | Export credit | Not disclosed |
| 2 Mar 2025 | UK Export Finance-backed £1.6bn financing for Ukraine's LMM air defence missiles | Export credit | £1.6bn |
| 31 Oct 2024 | UK Export Finance support for Poland's NAREW air defence programme | Export credit | £7.7bn |
| 24 Jul 2024 | UK/Ukraine Defence Credit Support Treaty | Export credit | £3.5bn |
| Aug 2025 | BGK and Korean ECAs: guarantee and insurance framework for Polish arms purchases (at least US$5bn) | Export credit | US$5bn |
More from UK Export Finance
| Date | Financing | Type | Amount |
|---|---|---|---|
| 14 Mar 2025 | UKEF defence direct lending capacity raised by £2bn | Export credit | £2bn |
| 19 Sep 2018 | UK Export Finance support for Typhoon export to Qatar | Export credit | £5bn |
Sources
- GOV.UK: UKEF launches £50 billion defence export fund gov.uk · 30 Jun 2026
About this record
Record DEF-2026-0046, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.
Read the structure
Export credit agencies lend or guarantee against an export contract, which lowers pricing and stretches tenor for the buyer.
