Quarterly qualifying defence contract statistics: Q1 2022/23
The SSRO has released its latest quarterly publication on key statistics relating to qualifying defence contracts (QDCs) and qualifying sub-contracts (QSCs)
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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 June 2022 is included.
The SSRO was notified of 488 contracts that became QDCs/QSCs by 30 June 2022. Contractors have one month after the date the contract becomes a QDC/QSC to submit reports, and as of 31 July 2022 the SSRO had received contract reports for 462 contracts that became QDCs/QSCs between 1 April 2015 and 31 July 2022. This analysis is based on these 462 contracts, which comprised 396 QDCs and 66 QSCs.
In the first three months of 2022/23, the SSRO has received contract reports for 14 new QDCs/QSCs, with an estimated total contract price of £1.5 billion. The estimated total contract price of all 462 QDCs/QSCs was £69.8 billion. The average reported estimated contract profit rate across all QDCs/QSCs was 9.38 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 |
|---|---|
| Q2 2022/23 | 24 November 2022 |
| Q3 2022/23 | February 2023 |
| Q4 2022/23 | June 2023 – Annual statistics |
| Q1 2023/24 | August 2023 |