Research and analysis

Quarterly qualifying defence contract statistics: Q1 2020/21

The Single Source Regulations Office has released its latest quarterly publication on key statistics relating to qualifying defence contracts (QDCs) and qualifying sub-contracts (QSCs)

Documents

Accompanying data book

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 2020 is included.

The SSRO was notified of 315 contracts that became QDCs/QSCs by 30 June 2020. Contractors have one month after the date the contract becomes a QDC/QSC to submit reports, and as of 31 July 2020 the SSRO had received contract reports for 304 contracts that became QDCs/QSCs between 1 April 2015 and 30 June 2020, which the analysis is based on. This comprised 260 QDCs and 44 QSCs.

In the first three months of 2020/21, the SSRO has received contract reports for 15 new QDCs/QSCs, with an estimated total contract price of £887 million. The estimated total contract price of all 304 QDCs/QSCs was £43.1 billion. The average reported estimated contract profit rate across all QDCs/QSCs was 9.42 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 2020/21 19 November 2020
Q3 2020/21 February 2021
Q4 2020/21 June 2021 – Annual statistics
Q1 2021/22 August 2021
Published 18 August 2020