MoD £2 Billion in Nuclear Contracts.

MoD £2 Billion in Nuclear Contracts.

May 12, 2022
Procurement

Britain’s Ministry of Defence announced this week that over £2 billion worth of defence contracts have been awarded to start the third phase of its submarine nuclear deterrent programme termed ‘Dreadnought’.

London-listed companies, BAE systems (BAES.L) and Rolls-Royce (RR.L), have received the contracts, the MoD said in a statement, adding that the investment was part of a planned £10 billion spend for the whole delivery phase.

The announcement statement reports the contract will see:

  • Approx 30,000 jobs supported across the UK across the programme from design to build.
  • The delivery of the largest submarines ever built for the Royal Navy

So far, the project has supported around 13,500 jobs in the Northwest of England and a further 16,300 across the rest of the UK.

The first of four submarines will launch from Barrow-in-Furness shipyard to begin sea trials, laying the foundation to sustain the Continuous at Sea Deterrence (CASD) for as long as the international security situation makes it necessary.

This programme is part of the UK Government’s ‘levelling-up’ ambitions, and will also support the training and development of the Royal Navy who will take to the water when HMS Dreadnought enters service in the early 2030s.

Get in touch with us, to discuss our government procurement data.

Because you read this article you may enjoy Public Procurement Has A Big Problem.

May 10, 2022

New Support For Canadian SME Traders.

The Government of Canada recently released its 2022 Federal Budget. Within it was an announcement of an intention to establish a Trade...
April 29, 2022

Progressive Procurement Yields Results

Last year, we shared the results of the landmark Aboriginal Procurement policy (APP), first introduced by Western Australia’s Premier, Mark MacGowan in...
April 29, 2022

Cutting Carbon Is A Procurement Issue

Just a few months ago, we shared an article on findings by the Boston Consulting Group and the World Economic Forum that showed procurement...
April 26, 2022

OECD: Promoting Gender Equality Through Procurement

COVID-19 showed that women have been disproportionately affected by the economic and social fallout from the pandemic(OECD, 2020[1]), as the pandemic exacerbated...
April 21, 2022

Progress In The Open Government National Action Plan

We’ve been working closely with The Cabinet Office to develop and refine a robust and repeatable methodology for the identification and matching...
April 19, 2022

Analysis Is A Service.

Understanding a market or a phenomenon has to account for when something happened. If you build an analysis that says 20% of...
April 14, 2022

Consultants Still Winning Huge Government Contracts.

Consultancies have won contracts worth more than £700m from UK government in Covid related contracts since the start of the pandemic in...
April 12, 2022

Two Solutions To A Hard Problem

In our last post, I suggested that public procurement has a big problem: an inability to account for, or record failure. Today...
April 7, 2022

Public Procurement Has A Big Problem

The world has changed. We live in a world where commerce, industry, and work are powered by data. Performance is measured and...
April 5, 2022

Ukrainian Invasion & UK Procurement

Last week, the UK Government released a Procurement Policy Note (PPN) that sets out how contracting authorities can further cut ties with...
March 29, 2022

Aviation Procurement Inquiry

The Defence Committee, made up of a number of MP’s appointed by the House of Commons to examine the expenditure, administration, and...
March 22, 2022

Solving Search

Search is difficult. By that we mean building a service that delivers the right information to people who are searching for it....
March 15, 2022

EU Medical Procurement Recommendations

The European Federation of Pharmaceutical Industries and Associations (EFPIA) has released a paper that examines procurement practices across the EU in their...
March 10, 2022

You Can Shove Our Data……

Right into the heart of your business. That’s right, we want you to put our data in your own database. We don’t...
March 7, 2022

Aus. Audit Office Taking Submissions

A few months ago we wrote about the Australian National Audit Office (ANAO) investigation into the procurement practices of government-funded infrastructure. The...

Newsletter

Compelling research, insights and data directly into your inbox.

Recent media stories

Search

Scroll to Top