The UK will save £500m by scrapping old military equipment early, the defence secretary has announced, despite a warning that the UK faces "increasing global threats".
Ships, drones and helicopters - some more than 50 years old - will be decommissioned ahead of schedule, John Healey told the Commons.
But critics said the move would leave UK defence weaker, at a time of growing international tensions and after more than a decade of funding pressures on the armed forces.
Shadow defence secretary James Cartlidge said Labour was "scrapping capabilities just as the threats to our nation are growing".