Its recent earnings report shows an increase in research and development spending.

FORBES: Intel's Still One of the Cheapest Stocks on the Market

The committee's report also recommended the MoD should spend more on defence science and technology, and research and development.

BBC: Joint strike fighter decision was flawed, MPs say

Apple just handed its annual report in to the SEC, revealing that the company laid out an extra billion dollars on Research and Development this year.

FORBES: Links 1 Nov: What Does Apple's 10-K Filing Tell Us?