MOD strategy
I think that's a good list of priorities above.
I think also significant is that those strategic capabilities need to align with industrial capabilities. Far example one might argue that if UK had cancelled Eurofighter and bought F-18s or whatever UK'd be in a 'better' ££ situation today, however maintaining UK strategic capability required maintenance of onshore development capability. I think there are similar arguments in respect of subs, warships, missiles as well.
I think what this means is that in the near-term forces capability may appear to be cut-back very severely apparently in order to allow the flow of new equipment to continue (particularly that with UK interest), but that this is like an investment which enables strategic capability to be accesible in future.
That make sense?