Research and analysis

Quarterly qualifying defence contract statistics: Q1 2018/19

The SSRO has released its latest quarterly publication on key statistics relating to qualifying defence contracts (QDCs) and qualifying sub-contracts (QSCs).

Documents

Accompanying data book

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Details

This bulletin is part of a regular published series of statistical reports, containing analysis of key QDC/QSC information. Analysis of all contracts that became a QDC/QSC between 1 April 2015 and 30 June 2018 is included.

The SSRO was notified of 158 contracts that became QDCs/QSCs by 30 June 2018. Contractors have one month after the date the contract becomes a QDC to submit reports, and as of 31 July 2018 the SSRO had received contract reports for 153 contracts that became QDCs/QSCs between 1 April 2015 and 30 June 2018, which the analysis is based on. This comprised 127 QDCs and 26 QSCs.

In the first three months of 2018/19, the SSRO has received contract reports for five new QDCs/QSCs, with an estimated total contract price of £328 million. The estimated total contract price of all 153 QDCs/QSCs was £21.8 billion. The average reported estimated contract profit rate across all QDCs/QSCs was 10.06 per cent.

All data is based on the latest submitted report for each QDC/QSC, to reflect the most recently reported contract data, and may not reflect values at contract completion.

The publication schedule for the next four quarterly bulletins is as follows:

Quarterly bulletin Date Published
Q2 2018/19 15 November 2018
Q3 2018/19 February 2019
Q4 2018/19 June 2019 Annual statistics
Q1 2019/20 August 2019
Published 16 August 2018