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BAE was the greatest supplier to the United Kingdom’s Ministry of Defence (MOD). In 2019/20, **** percent of its annual expenditure went to the UK based company. BAE provides security systems for the air, maritime, land and cyber sectors and is employer to nearly * people worldwide. In 2020, the defense company had an order backlog worth **** billion British pounds.

Dependency of leading suppliers

In 2019/20, roughly ** percent of BAE System’s global revenue was made through purchases by the MOD. This figure has stayed relatively constant since 2005/06, with only minor increases in dependency recorded between 2005 and 2007 and in 2014/15 when the MOD’s revenue share grew to nearly ** percent. QinetiQ Group was the supplier most reliant on business with the MOD.

From Land to Sea

Between 2017 and 2027, the MOD is expected to spend ** billion British pounds on submarine purchases. This was the greatest single investment made for any equipment going to the Armed Forces.