Dependency of leading suppliers
In 2019/20, roughly 20 percent of BAE System’s global revenue was made through purchases by the MOD. This figure has stayed relatively constant since 2005/06, with only minor increases in dependency recorded between 2005 and 2007 and in 2014/15 when the MOD’s revenue share grew to nearly 23 percent. QinetiQ Group was the supplier most reliant on business with the MOD.
From Land to Sea
Between 2017 and 2027, the MOD is expected to spend 44 billion British pounds on submarine purchases. This was the greatest single investment made for any equipment going to the Armed Forces.