Percentage of UK Ministry of Defence spending to the leading suppliers 2020
BAE was the greatest supplier to the United Kingdom’s Ministry of Defence (MOD). In 2019/20, 13.5 percent of its annual expenditure went to the UK based company. BAE provides security systems for the air, maritime, land and cyber sectors and is employer to nearly 86,000 people worldwide. In 2020, the defense company had an order backlog worth 45.2 billion British pounds.
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.
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.
