Jeremy Hunt: "I was the person who secured a historic funding boost for the NHS and as Prime Minister I'll do the same for defence" (Picture: PA).
Conservative leadership candidate Jeremy Hunt says he would boost defence spending by £15 billion if he becomes Prime Minister.
The Foreign Secretary's promise would mean spending on defence would increase by 25% over the next five years, rising to 2.5% of GDP by 2023/24 from its current 2% level.
Defence Secretary Penny Mordaunt, who is supporting Mr Hunt's campaign, said: "We must give the men and women of our Armed Forces what they need to do the job we ask of them."
Mr Hunt said in a statement to the Politics Home website: "I was the person who secured a historic funding boost for the NHS and as Prime Minister, I'll do the same for defence.
"Increasing defence spending by 25% over five years will show the world a self-confident country ready to defend its interests and values as we embark on an exciting post-Brexit future.
"Everyone knows Britain is a world-leading soft power, but to be credible we need to show that we are determined to remain a first-rank military power.
"My plan for defence will give our brave troops the backing they need and show the world that when it comes to the new threats to Western values, Britain is back and Britain's voice will be strong."