Annual qualifying defence contract statistics: 2020/21
The annual statistics bulletin is part of a regular published series of statistical reports, containing analysis of key QDC/QSC information.
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This annual publication includes analysis of all contracts that became a QDC/QSC between 1 April 2020 and 31 March 2021, and data for Quarter 4 2020/21 within the quarterly series of bulletins. Data is also presented from April 2015, when the first QDC was entered into.
The SSRO was notified of 373 contracts that became QDCs/QSCs by 31 March 2021. Contractors have one month after the date the contract becomes a QDC/QSC to submit reports and this analysis is based on 359 contracts for which the SSRO had received contract reports by 30 April 2021. These 359 contracts are comprised of 309 QDCs and 50 QSCs. The bulletin includes new statistics on the outturn costs and profits of 35 contracts which have now completed.
For contracts that became QDCs/QSCs in 2020/21, the estimated total contract price of QDCs/QSCs was £4.7 billion, and £51.0 billion for all QDCs/QSCs across all years. The average estimated contract profit rate of QDCs/QSCs increased from 9.09 per cent for QDCs/QSCs in 2019/20 to 9.56 per cent for QDCs/QSCs in 2020/21.
The publication schedule for the next four quarterly bulletins is as follows:
| Quarterly bulletin | Date Published |
|---|---|
| Q1 2021/22 | 25 August 2021 |
| Q2 2021/22 | November 2021 |
| Q3 2021/22 | February 2022 |
| Q4 2021/22 | Annual Statistics – June 2022 |