ROME — Britain’s defense industry chiefs have applauded the U.K. government’s pledge to beef up military spending, but some say they will wait to see the money before they give a standing ovation.

U.K. Prime Minister Keir Starmer this week announced the construction of 12 new attack submarines , six new munition plants and a new Cyber and Electromagnetic Command, as well as a host of other upgrades to Britain’s armed forces.

The boost in capabilities was outlined by a new Strategic Defense Review, which Starmer commissioned after being elected last July to prepare the U.K. for current and future conflicts.

Starmer also said the U.K.’s defense spending would increase to 2.5% of GDP by 2027, up from 2.3%, but said an ambition to reach 3% in the next Parliament would be “subject to econo

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