Research and analysis

Quarterly qualifying defence contract statistics: Q2 2022/23

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

Documents

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 September 2022 is included.

The SSRO was notified of 510 contracts that became QDCs/QSCs by 30 September 2022. Contractors have one month after the date the contract becomes a QDC/QSC to submit reports, and as of 31 October 2022 the SSRO had received contract reports for 482 contracts that became QDCs/QSCs between 1 April 2015 and 30 September 2022. This analysis is based on these 482 contracts, which comprised 416 QDCs and 66 QSCs.

In the first six months of 2022/23, the SSRO has received contract reports for 26 new QDCs/QSCs, with an estimated total contract price of £1.8 billion. The estimated total contract price of all 482 QDCs/QSCs was £72.7 billion. The average reported estimated contract profit rate across all QDCs/QSCs was 9.42 per cent.

The analysis reflects the most recently reported contract data. All data is taken from reports submitted by the contractor for each QDC/QSC as indicated in the bulletin. The data may not reflect values at contract completion.

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

Quarterly bulletin Date Published
Q3 2022/23 27 February 2023
Q4 2022/23 June 2023 – Annual statistics
Q1 2023/24 August 2023
Q2 2023/24 November 2023
Published 24 November 2022