It has also emerged recently that a veteran, known as "Soldier B", is to face trial over the death of 15-year-old schoolboy Daniel Hegarty in Londonderry in 1972.
The former soldier is also accused of wounding with intent in respect of the shooting of 17-year-old Christopher Hegarty, Daniel Hegarty's cousin.
The Guardian reports that the MOD has estimated that between 150 and 200 former soldiers and police are currently being investigated for alleged criminal acts during the Troubles.
Dealing with the legacy of the Troubles has long been a contentious issue in Northern Ireland and further afield.
Mark Lancaster, the armed forces minister, recently announced in Parliament that the MoD was working "closely with the Northern Ireland Office on new arrangements, including to ensure that our armed forces and police officers are not unfairly treated".
Last year, Defence Secretary Gavin Williamson proposed an amnesty for former soldiers accused of historical crimes, in the form of a statute of limitations.
A statute of limitations is backed by many Conservative backbenchers, including some who are former soldiers, however many unionists in Northern Ireland have expressed concern it could lead to an amnesty for former republican and loyalist paramilitaries.
Since the announcement of Soldier F's prosecution, veterans groups in Northern Ireland and England have staged mass protests against the decision.
Northern Ireland Secretary Karen Bradley is currently considering the form of new structures to deal with the legacy of unresolved deaths during the 30-year conflict.
In their local government manifesto, Sinn Fein accused the Government of trying to "cover up" its role in state killings.
"The British Government has sought to cover up its role in the deaths of many Irish citizens and is seeking to introduce an amnesty for those it directed to carry out such killings," it said.
"Sinn Fein will continue to oppose the British Government's policy on this issue and demand that the legacy mechanisms agreed at Stormont House are implemented in a human rights-compliant manner."
A Government spokesperson said: "The system to investigate the past needs to change to provide better outcomes for victims and survivors of the Troubles and to also ensure members of our armed forces and police are not disproportionately affected. This is why we have consulted widely on the system in Northern Ireland.
"The 2017 manifesto made clear any approach to the past must be consistent with the rule of law. We have always said that we will not introduce amnesties or immunities from prosecution in Northern Ireland.
"The Ministry of Defence is currently looking at what more can be done to provide further legal protection to service personnel and veterans, including considering legislation.”