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Despite uncertainties over
future defence strategy and pressure on defence spending, the United
Kingdom's Defence Industry has proved to be a remarkably resilient and
successful element of our national manufacturing base.
Despite the rationalisation which is still taking place within the
defence sector it is generally accepted that defence employment still
provides a significant element of the broader UK economy via salaries
paid throughout the supply chain.
Historically, the UK defence industry has possessed the capability and
competence to provide a wide range of advanced systems and equipment to
support our own Armed Forces. This capability, matched with their
competitiveness, has enabled UK companies to command a sizeable share of
those overseas markets for which export licence approvals are available.
At home, UK industry has consistently provided some 75% by value of the
equipment requirements of The Ministry of Defence. In simple terms, in
recent years UK industry has supplied £9 - £10 billion worth of goods
and services for our Armed Forces annually while a further £2 - 4
billion worth of business has accrued to the UK defence industry from
sales to approved overseas customers.
The United Kingdom's defence companies are justifiably proud of their
record in recent years in the face of fierce overseas competition.
Reductions in the UK's Armed Forces and the heavy demands on our
remaining Service personnel, who face an unpredictable international
security environment, make it inevitable that considerable reliance will
be placed upon the support and surge capacity offered by our
comprehensive indigenous defence industrial base. Without this effective
industrial base, the ability of UK to exert independence of action or
influence over collective security arrangements would be constrained. It
is essential that government policies ensure that industry retains the
necessary capabilities to support our forces in a changing world.
As importantly, the defence industry is not only a major employer but it
is also the generator of high technology that is readily adaptable to
civilian use in fields such as avionics and engine technology. The
future of the UK's defence industry will almost certainly have to be
property planned if it to remain an efficient and essential national
support organisation in times of crisis.
A look at MoD payments to contractors during FY 2007-2008 identifies
some of the larger manufacturers.
MAJOR CONTRACTORS LISTING BY HOLDING COMPANY
Over £500 million
Babcock International Group PLC
Finmeccanica SpA
Serco Group PLC
BAE Systems PLC
Lockheed Martin Corporation
Thales SA
Electronic Data Systems Corporation
QinetiQ Group PLC
£250 - £500 million
BT Group PLC
Rolls-Royce Group PLC
VT Group PLC
EADS NV
The Boeing Company
£100 - £250 million
Aspire Defence Holdings Ltd
Halliburton Company
Man AG
BP PLC
Interserve PLC
Marshall of Cambridge
Carillion PLC
Le Grand Annington Ltd
Northrop Grumman Corporation
General Dynamics Corporation
Lend Lease Corporation Ltd
Raytheon Company
£50 - £100 million
Amec PLC
HCR Group Holdings Ltd
Scottish and Southern Energy PLC
Atkins (WS) PLC
International Business Machines Corporation
Sodexho
British Energy Group PLC
Modus Services (Holdings) Ltd
Turner & Co (Glasgow) Ltd
Cobham PLC
Royal Dutch Shell PLC
Ultra Electronics Holdings PLC
Note: Payments to the companies listed may include payments made to
subsidiaries or contractors.
Please use this link to see a list of all the Prime Contractors.
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