How To Win Defence Procurement Opportunities
Opportunity in defence procurement is growing. The UK MOD spends up to £20 billion on the procurement of goods and services with industry each year. This equates to 45% of overall central government spend, making the MOD the single biggest spending customer in the UK.
The MOD’s Forward Equipment Plan outlines a planned military procurement spend of £178 billion between 2013 and 2023. This budget is used by the MOD to procure new equipment, data systems and equipment support.
DCI offers a range of business intelligence tools that can boost your search for MOD procurement opportunities relevant to the goods and services your business provides. Learn how you can win work with the Ministry of Defence (MOD) and other defence procurement organisations below.
Defence Procurement Spend
The latest statistics published in by the Department for International Trade Defence & Security Organisation (DIT DSO) state that £24.3 billion was paid by the MOD Core Department to UK- and foreign-owned organisations during 2017/18.
This spend is allocated to multiple areas, as UK MOD procurement opportunities are not limited to traditional military materiel, such as ammo and vehicles, but extend to cover a vast range of goods and services in sectors such as ICT, research and development, manufacturing, catering, and blue light services.
By 2020 25% of MOD procurement spend – direct and indirect (i.e. supply chain) – will be with SME suppliers, making it a lucrative market for small and medium-sized businesses that want to win defence procurement opportunities.
Win MOD Mod Procurement Opportunities With Business Intelligence
Bidding for MOD procurement opportunities and winning contracts will secure your business growth in the long term.
DCI’s portfolio of business intelligence tools can support your search for new opportunities and you to capture market leads ahead of your competitors in the MOD procurement market place.
Discover how business intelligence can enhance your defence procurement strategy and help your business win more MOD defence procurement opportunities.
If your business wants to win work with the MOD, having a cyber secure supply chain is more important to the MOD than ever before – which is why Cyber Essentials is the minimum level of certification an organisation needs to implement to bid for new MOD contracts.
Since 1 October 2014, the Government has required all suppliers bidding for certain sensitive and personal information handling contracts to be certified against the Cyber Essentials Scheme.