Research and analysis

Quarterly qualifying defence contract statistics: Q3 2021/22

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

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 31 December 2021 is included.

The SSRO was notified of 443 contracts that became QDCs/QSCs by 31 December 2022. Contractors have one month after the date the contract becomes a QDC/QSC to submit reports, and as of 31 January 2022 the SSRO had received contract reports for 425 contracts that became QDCs/QSCs between 1 April 2015 and 31 December 2021. This analysis is based on these 425 contracts, which comprised 365 QDCs and 60 QSCs.

In the first nine months of 2021/22, the SSRO has received contract reports for 59 new QDCs/QSCs, with an estimated total contract price of £7.2 billion. The estimated total contract price of all 425 QDCs/QSCs was £62.1 billion. The average reported estimated contract profit rate across all QDCs/QSCs was 9.40 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
Q4 2021/22 23 June 2022 – Annual statistics
Q1 2022/23 August 2022
Q2 2022/23 November 2022
Q3 2022/23 February 2023
Published 17 February 2022