Under a week until GDPR: Is the defence sector ready?

The new GDPR regulations, which will come into place on 25 May 2018, will raise the bar for cyber security. The MOD already requires defence suppliers to have a Cyber Essentials certificate by the contract start date at the latest, and for it to be renewed annually.

What will the changes mean for defence suppliers?

Read about what your organisation MUST know in preparation for GDPR implementation this week.

 

Are you EU compliant?

The changes affect all defence suppliers that want to sell their goods or services to people in the EU (even if they are located outside it). Defence suppliers must be compliant with GDPR.

More information can be found at the official EU General Data Protection Regulation (GDPR) site here.

 

GDPR: what’s new?

GDPR includes requirements that could affect the way your organisation controls, stores and uses personal data. On 25 May, when GDPR comes into force, your organisation will be expected to be ready and compliant.

For some organisations the introduction of GDPR will make little difference as they are already working within the limits set by the regulation. However, those that are not need to start making sure they are compliant immediately.

The current maximum fine for a data breach is £500,000. However, moving forward, organisations that experience a data breach will see fines of up to 4% of their annual turnover or 20 million Euros, depending on which is greater.

If your organisation does suffer from a data breach, the Information Commissioner’s Office (ICO) MUST be informed within 72 hours of the breach.

 

Cyber Essentials and GDPR

Is your business protected against looming cyber attacks? The head of the UK’s National Cyber Security Centre has warned that a major cyber attack on the UK is a matter of “when, not if”.

Although your organisation will require more than Cyber Essentials to comply with GDPR, protecting your business against cyber breaches will help you to tick some of the GDPR boxes.

Gaining Cyber Essentials certification is also a quick and straightforward way to provide evidence that you have taken steps towards protecting your organisation and its data from cyber attacks.

 

Become Cyber Essentials Certified

There is still time to become Cyber Essentials certified before GDPR launches.

Cyber Essentials is recommended by the UK Government. The certification is designed to provide a statement of the basic controls that can protect your organisation from 80% of common cyber threats.

Several providers offer Cyber Essentials certification; however, with DCI Cyber Essentials Fast Track you can gain certification within 24 hours*.

 

*Office hours are based on GMT working time 9am-5pm Monday -Thursday and 9am-2pm on Fridays. Fast Track applications made outside these times cannot be guaranteed for a 24 hour turnaround.

5 tips that will help you win defence contracts

There are several things your business can do to increase its chances of winning defence contracts.

Whether you are looking to become more involved in the defence community or improve the way your business is looking for defence contracts, we have listed a range of ways your business can become more efficient in finding defence opportunities. 

Read our 5 tips that will help you win defence contracts.

 

Webinars

Webinars are an excellent way to gain insight into how your business can win defence contracts. We encourage all DCO users to attend the ‘How to find and win more defence and civil contracts’ webinar which is hosted by DCI (Defence Contracts International).

During the webinar you will learn how to fill your pipeline with hard-to-find public and private sector contracts and can ask defence contracts sourcing experts any questions that you may have about winning business with the defence sector.

Secure your place at the DCI webinar.

 

Industry Events

The Ministry of Defence, Defence Infrastructure Organisation and Defence Contracts Online are all official partners of the UK’s premier defence procurement event, DPRTE.

Attending events like DPRTE gives you a chance to meet defence buyers face to face and participate in training sessions that could help you to win future contract opportunities.

At the 2018 DPRTE event over 1300 delegates enjoyed 40+ training sessions across five Knowledge Transfer Zones. If you missed this event, you can register your interest now for DPRTE 2019.

 

BiP DPRTE 2018

 

 

Cyber Essentials

Cyber certification is now seen as the first step to success when it comes to defence tendering.

Based on DEFCON 658, official MOD policy is that defence suppliers bidding for MOD contracts that “include the transfer of MOD identifiable information” should possess Cyber Essentials certification before contract award. Suppliers are expected to show evidence of progress towards cyber certification in time for contract start date.

Once your brand is certified it will receive the relevant Cyber Essentials branding to use on collateral such as tender bids. If you would like to promote your business as cyber secure with Cyber Essentials, request your scheme summary.

 

MOD Guide to Defence & Security

When it comes to winning defence contracts, where better to get advice about defence procurement than from the MOD first hand? The MOD Guide to Defence & Security 2018 is now available. This publication gives defence suppliers guidance on how to engage in defence procurement and includes key contact details from across the major defence bodies.

The MOD Guide, which costs £75, includes two free exclusive Industry Reports that will help your business to grow its sales opportunities.

Order now

MOD Guide to Security and Defence 2018

Contract Alerts

One of the simplest ways you can win defence contracts is through tender alerts.

Defence Contracts Online is the official source of MOD contracts. We publish MOD contracts valued at £10,000 and over. Once you have set up your customisable search profile, we will send you daily relevant contract alerts via email.

Register for free online now and gain 24/7 access to all UK MOD published contracts.

 

UK businesses improve technical controls with Cyber Essentials

cyber breaches survey 2018

 

The Cyber Security Breaches Survey 2018 was released in April 2018. The research has revealed that over half of all businesses in the UK have now have implemented the five basic technical controls listed as essential under the Government-endorsed Cyber Essentials scheme.

 

Cyber Essentials Scheme

Cyber Essentials can help UK businesses protect their data against 80% of all cyber attacks. Many smaller businesses have adopted the certification to improve basic technical controls and demonstrate commitment to cyber security.

 

cyber essentials - cyber breaches survey

 

The latest Cyber Security Breaches Survey has estimated that over 51% of all UK businesses have implemented all of the five basic technical controls listed under the Cyber Essentials scheme. This includes:

  • applying software updates when available (92%)
  • up-to-date malware protection (90%)
  • firewalls with appropriate configurations (89%)
  • restricting IT admin and access rights to specific users (78%)
  • security controls on company-owned devices (65%)

 

General Data Protection Regulation

With the launch of the General Data Protection Regulation on 25 May approaching with its emphasis on responsibility for data security, now is the time for businesses to allocate cyber security spend wisely.

Investment in cyber security is well worth it when the new fines are taken into consideration. The levels of fines vary depending on turnover. The first is up to €10 million or 2% of the company’s global annual turnover of the previous financial year, whichever is higher. The second is up to €20 million or 4% of the company’s global annual turnover of the previous financial year.

GDPR is mentioned in chapter three of the Cyber Security Breaches Survey, which found that 38% of businesses and 44% of charities are aware of GDPR. Of those, 13% businesses and 9% of charities had “amended their cyber security policies or processes specifically in preparation for GDPR.”

 

Win with Cyber Essentials Certification

Did you know that the Ministry of Defence has mandated that all businesses looking to win defence contracts MUST have Cyber Essentials certification in place?

By having Cyber Essentials certification in place, you are securing your customers’ details and promoting your business as a trustworthy supplier.

 

cyber-essentials

 

Would you like to receive cyber security  training? Our Cyber Essentials webinar provides organisations with an excellent opportunity to learn more about cyber security.

Watch now or find out more about Cyber Essentials.

The Government has released a new plan to support cyber security exports

cyber security export strategy

 

The latest cyber threats against NATO countries could mean future attacks on global and UK organisations. In preparation for this, the UK Government is urging businesses at home and abroad to act and ensure that they meet cyber security standards.

The Cyber Security Export Strategy has been put in place to support UK companies that want to export their cyber security services or products to allied countries.

Find out more about the new strategy below.

What is the Cyber Security Export Strategy?

The Cyber Security Export Strategy has been released by the Department for International Trade (DIT). It outlines how the UK Government will support the cyber security sector in the current high threat climate.

It has already been stated by the head of the UK’s National Cyber Security Centre that it is only a matter of time before there is a major cyber attack on the UK. Possible targets could include future elections and Britain’s critical infrastructure.

Tackling foreign threats

The new strategy also aims to tackle foreign threats head on. When International Trade Secretary Dr Liam Fox launched the Government’s new Cyber Security Export Strategy he referenced the recent poisoning of Sergei Skripal and how regular Russian cyber attacks are becoming.

“Recent events show that the UK faces a diverse range of threats from hostile state actors… In an increasingly digital world, it’s vital that we improve our cyber capabilities, which are crucial for national security and prosperity.”

What sectors will the new strategy target?

Moving forward, DIT would like to engage with businesses and organisations in the UK and abroad and assist cyber security companies that want to build business relationships in the UK and with allied countries.

The new strategy aims to support cyber security firms that work with the following areas:

Government and Healthcare

Ransomware attacks like WannaCry have shown the vulnerability of public sector organisations around the world.

One year on from this attack, it has been reported that the NHS still has a long way to go before its trusts are completely cyber secure.

Private sector organisations will inevitably play a huge part both in strengthening cyber security and in the digital and IT transformation and modernisation needed not just by the NHS but by public sector organisations around the world.

Financial Services

With eCommerce and contactless payments becoming more and more popular, companies that work in financial services must prepare for potential hacks.

In this sector, consumer trust is incredibly important and poor cyber security standards could convince finance customers to move to another provider.

Automotive

New generation cars may well be the next victim of cyber attacks as the innovative technology could be vulnerable. Cars are already being ‘hacked’ by thieves using transmitters to enhance the signal from a vehicle’s entry system, kept securely in the owner’s house, in order to unlock a car on a drive and steal it without triggering the vehicle’s security system.

Businesses working in the automotive sector are already investing in cyber security with significant growth expected in global spending in this area by the early 2020s. Statista.com quotes figures of $20 million for 2016, with projections of $770 million by 2023*.

Energy and Critical National Infrastructure

The Government has reported that businesses within the energy and critical national infrastructure sectors are further behind on technological advancements than expected. Many are still using legacy technologies and software programs that require ongoing maintenance. WannaCry revealed the risks of using out-of-date software – many of the NHS organisations affected were using such technologies.

Digital Infrastructure

The Cyber Security Export Strategy has highlighted how vulnerabilities in digital infrastructure could cause severe disruption or loss of personal data:

“Digital infrastructure is increasingly ubiquitous, ranging from smart ticketing on urban rail to technology-enabled customer journeys through the world’s airports.”

Find cyber security opportunities

With the Government releasing the Cyber Security Export Strategy, now is the time for UK cyber security businesses to start looking for work at home and in allied countries.

If your company provides cyber security services and wants to work with the government and defence sector, register on our portal today for free.

 

 

Learn more about defence procurement at DPRTE

MOD_DPRTE 2018

 

Today, we will be attending the UK’s premier defence procurement at Cardiff’s Motorpoint Arena.

If you are attending the Defence Procurement, Research, Technology and Exportability (DPRTE) exhibition, you will find us at the Defence Procurement Pavilion alongside:

  • Defence Equipment and Support (DE&S)
  • Information Systems and Services (ISS)
  • Defence Infrastructure Organisation (DIO)
  • Front Line Commands (Royal Navy, Army, RAF)

What’s on?

1500 key decision makers will attend this event, many from the Government and military. On the day, Andrew Forzani, Chief Commercial Officer, UK Ministry of Defence, will be one of five Keynote speakers. The Keynote presentations will run until 12:35, giving delegates time to attend training sessions and workshops in the afternoon.

The year’s event will have five Knowledge Transfer Zones and six Network & Collaboration areas. The Knowledge Transfer Zones for 2018 include:

  • Technology and Innovation
  • Export and Business Growth
  • Supply Chain and Partnering
  • Buyer Excellence in Procurement
  • Doing Business with the US Department of Defense

View the full agenda for the event here.

 

MOD Buyer Engagement Village

Would you like to find out more about defence procurement? Visit the MOD Buyer Engagement Village.

At this year’s DPRTE, delegates have the chance to engage directly with buyers and suppliers, network with colleagues and make new contacts and connections.

Make sure that you arrive early at this event as appointments for the MOD Buyer Engagement Village will be allocated on a first come, first served basis.

Time slots will be allocated on arrival at the event at the entrance to the MOD Buyer Engagement Village.

 

US Department of Defense

We are delighted to welcome representatives from the US Department of Defense (DoD) at this year’s event.

Representatives from the DoD team will be attending the event, offering advice to UK defence suppliers that would like to win more work in the world’s largest defence procurement marketplace.

If you are interested in working with the DoD, a “Doing Business with the United States Department of Defense” seminar will be held in the Export and Business Growth Zone at 1pm.

 

MOD Guide to Defence and Security

If you are not attending this year’s DPRTE but you are interested in working with the MOD, you can learn more by purchasing the MOD Guide to Defence and Security 2018.

The MOD Guide is essential reading for any supplier that wants to work with the defence sector. This extremely valuable resource highlights key industry trends and contacts for 2018.

Buy MOD Guide

Funding boost required for Modernising Defence Programme

Modernising Defence Programme

 

Gavin Williamson addressed employees and military personnel at the Rolls-Royce aerospace factory last week on 12 March 2018.

His speech focused mainly on the Modernising Defence Programme, an initiative that will provide the UK with “a more productive, more lethal, harder-hitting Joint Force”.

Learn more about the ‘Modernising Defence Programme’ and how it could influence future defence budgets below.

 

What is the Modernising Defence Programme?

Gavin Williamson has said that he wants a Britain that is “fit for the future” and during his speech last week, he outlined how he would do this with the Modernising Defence Programme.

He plans to deliver the “hard power to complement Britain’s soft power” as the new programme will tackle both conventional threats and modern challenges like cyber-attacks.

The Defence Secretary is confident that the plan will give British defence the “edge” when in combat, as innovative technology will be introduced when the plan comes into place.

Next Steps

  • The creation of a “Joint Force” means that our defence strategy will be stronger and more efficient.
  • The Government plans to invest in intelligence, surveillance and reconnaissance capability.
  • Further investment into “drones as well as stealth fighters and state-of-the-art anti-submarine ships”

Prioritising Military Investment

Gavin Williamson wants to take the UK to the “next level”, prioritising military investment.

Shortly after the Modernising Defence Programme was revealed, it was announced that Britain will spend £48 million on cutting-edge chemical analysis after the suspected nerve agent attack in Salisbury.

Numerous sources have speculated that thousands of British troops will be vaccinated against anthrax due to growing chemical, biological, radiological and nuclear threats from a range of countries, not just Russia.

The MOD will also invest in equipment designed for “hoovering up information from beneath the waves, from space, from across the increasingly important electromagnetic spectrum, finding out what our enemies are doing in high definition and providing artificial intelligence.”

Russia should ‘go away and shut up’, says UK defence secretary

Gavin Williamsonhas urged Russia to “go away and shut up” when asked how the Kremlin should respond to the expulsion of 23 of its spies. The defence secretary’s outburst came in a question and answer session after a speech in Bristol.

 

More Investment Needed

Prince Harry has also spoken out about the need for an increase in defence budgets.

Last week, as he returned to the Army centre where he learnt to fly Apache helicopters, he expressed his approval of the new initiative. However, he was critical that in “certain areas budgets are being shrunk”.  He said that:

“The Modernising Defence Programme instigated by Gavin Williamson will have to come up with more funding for defence.”

The Prince’s comments have been praised by the former head of the Royal Navy, who also agrees that more money is required to move forward with plans to modernise Britain’s military.

Learn More

Now is a key time for those working with the defence sector to learn more about military procurement. Find out more about supplying to the defence sector with the MOD Guide to Defence and Security. This valuable book highlights key industry trends and contacts for 2018.

Buy MOD Guide

Register with DCO

To cover all bases ahead of future attacks, a funding boost may be required. This will ensure the success of the Modernising Defence Programme and protect British troops and the public from foreign threats.

Military investment could lead to an increase in demand for the equipment, technology and innovation that will prepare the country for any future attacks.

The MOD is keen to work with new suppliers. If you would like to win contract with the MOD, register as a supplier today for FREE.

Register Now  

Learn more about MOD tenders during UK Security Week

UK security week - MOD tenders

 

UK Security Week is upon us. Would you like to take part? Find out how your business can learn more about MOD and security tenders during UK Security Week.

UK Security Week

This year the main event for UK Security Week is the Security and Counter Terror Expo, being held at Olympia London on 6-7 March 2018. The event will host presentations which focus on the security solutions marketplace for professionals tasked with protecting people, critical national infrastructure and major assets.

10,000+ senior professionals will attend this event, including many from government and others from the private sector, military, law enforcement, transport security department, border security department and emergency services.

UK Security Week 2018 – Security Tender opportunities with the UK MOD

This week DCI will be attending the UK’s leading national security event at Olympia London. Come along to the event and learn more about security tendering. Our service can help you find and win more security tenders.

Integrated Security Showcase

UK Security week, in partnership with the Centre for the Protection of National Infrastructure and Borderpol, will host an Integrated Security Showcase at the Security and Counter Terror Expo 2018.

The showcase will feature live demonstrations throughout the course of the event which delegates are free to participate in.

This year the Security and Counter Terror Expo 2018 is an interactive setting and delegates are encouraged to join workshops which will discuss the security supply spectrum: Government, Industry, Integrator and End-user, an excellent way for suppliers to learn more about MOD and security tenders.

DCO attends Security and Counter Terror Expo 2018

Would you like to find out more about security tendering? Visit our stand to discover MOD opportunities that your business could win.

Come along to the event and network with industry thought leaders. A member of the DCO team will be at Stand: H1 during both days of the event.

MOD Guide to Defence and Security

If you are not attending the Olympia London event but you are interested in working with the MOD, you can learn more by purchasing the MOD Guide to Defence and Security – key trends and contacts 2018.

The MOD Guide is extremely valuable to those working in the security industry as it highlights key industry trends and contacts for 2018.

Buy MOD Guide

A Breakdown of Planned Defence Expenditure 2018

Defence Secretary UK

 

In 2016 the UK budget for defence sat at £35.3bn, making the UK’s the fifth biggest defence budget in the world. The UK has continued to meet the NATO commitment to spend 2 per cent of GDP on defence each year. In addition, the Government is committed to increase defence spending by at least 0.5 per cent above inflation in each year of this Parliament.

What is the MOD spending money on?

The Ministry of Defence (MOD) procures everything from military fighting vehicles to education services, which means there are opportunities for almost all types of businesses in the UK.

In total, defence expenditure in 2016/17 was £35.3bn. That makes the UK spend per person on defence in 2016/17 £538 (the third highest in NATO). Of this total, defence procurement spend was over £19 billion.

Currently the DIO (Defence Infrastructure Organisation) spends £3 billion each year buying infrastructure services. A new budget for this type of expenditure will be published in the DIO 2018 Procurement Plan, which is due to be released in March.

Planned expenditure 2016-2026

A recent Government report has stated that the planned expenditure on equipment and support between 2016 and 2026 is currently sitting at £178bn.

The UK Defence in Numbers report has included a breakdown of the spend:

Submarines – £44.0bn

(all Submarines and Atomic Weapons Establishment)

Combat Air – £18.0bn

(e.g. Typhoon, Tornado, F-35)

Ships – £19.0bn

(e.g. T45s, T26s, Queen Elizabeth Carrier, Support Shipping)

Air Support – £16.6bn

(e.g. Voyager, A400M, C130)

Helicopters – £10.6bn

(e.g. Merlin, Apache, Chinook)

Land Equipment – £19.1bn

(e.g. AJAX and personal equipment)

Weapons – £13.5bn

(e.g. Air and sea launched missiles)

Intelligence, Surveillance, Target Acquisition & Reconnaissance – £4.6bn

(Air traffic management and multiple small programmes)

Where in the UK is defence spending money?

Past figures can suggest which regions receive the most money from the MOD. MOD spent £18.7bn with UK industry in 2015/16. This means that, per capita, MOD spent approximately…

Yorkshire & The Humber: £40
Northern Ireland: £50
West Midlands: £100
East of England: £140
North East: £150
North East England: £150
East Midlands: £190
London: £200
Scotland: £280
Wales: £280
North West England: £290
South East England: £570
South West England: £810

 

MOD regional expenditue 2015 2016

What jobs are funded by the MOD?

It is estimated that MOD expenditure with UK industry in 2015/16 directly supported 1 in every 200 jobs in the UK. The breakdown of this includes:

Technical, Financial Services & Other Business Services (including R&D, Equipment testing, Education and Healthcare)

42,800 jobs

Shipbuilding and Repair

19,250 jobs

Other Manufacturing

10,100 jobs

Aircraft and spacecraft

7,150 jobs

Weapons and Ammunition

5,950 jobs

Construction

5,900 jobs

Increase in spending with SMEs

In the latest MOD report ‘Industry for Defence and a Prosperous Britain: Refreshing Defence Industrial Policy’, current Defence Secretary Gavin Williamson confirmed that the MOD would continue to spend with SMEs.

The report stated that the goal is to place 25% of direct and indirect defence procurement spend with SMEs by 2020, compared with the 18.1% total in 2015/16.

Become an MOD supplier

Are you interested in doing business with the MOD? Join our free webinar on 20 February 2018 and learn how to win contracts in both the private and public sector. You can also register as a supplier today for free.

Register now

Defence Secretary commits to working with small and medium-sized businesses

gavin williamson boosts SME investment

 

In December 2017, Defence Secretary Gavin Williamson unveiled his three-pronged strategy that will refresh defence’s Industrial Policy.

During his speech at the UK Defence Solutions Centre in Farnborough, Mr Williamson said that the defence sector is “industry’s biggest customer” and that the Government is “committed to exporters and small and medium-sized businesses to ensure they and our military remain the envy of the world”.

New year, new strategy

Although the MOD is making great progress with previous objectives, Gavin Williamson has revealed that plans have been enhanced. The Defence Secretary, who took the position in autumn last year, has three main focuses:

 

  • The first focus is to improve how defence delivers wider economic and international value, as well as national security objectives. The Government plans to introduce a pilot, which will try an innovative approach to delivering these benefits.

 

  • Secondly, the MOD wants to continue to build international relationships after many valuable agreements. Last year the Defence Secretary had success in Qatar signing a £6bn export deal for 24 Typhoon aircraft.

 

  • Lastly, the defence sector will stand by SMEs, opening up the market and making it easier for companies to do business with defence.

 

SMEs reach government spend

The purpose of this refresh is to adjust the industry conditions so that the market can be “internationally competitive, innovative and secure”. This will allow more small and medium-sized enterprises (SMEs) to do business with defence.

Defence contracts promote SME interests, helping many businesses to grow and expand their employee numbers. In total, £18.7bn was spent with British companies in 2017, which supported over 121,000 jobs in the UK.

As mentioned, the Government is already succeeding in opening up the defence sector to small businesses: the MOD has increased spend with SMEs by 10% in 2017 compared with 2016, and the department aspires to place 25% of direct and indirect defence procurement with SMEs by 2020, rising from 18.1% in 2015/16.

 

Gavin Williamson appointed new Defence Secretary – MOD-DCO

Prime Minister Theresa May has named Gavin Williamson as the new Defence Secretary following Sir Michael Fallon’s resignation. Mr Williamson is the MP for South Staffordshire, having served the constituency since the 2010 election. Prime Minister Theresa May appointed him Chief Whip following her victory in the Conservative leadership election.

It is estimated that over 700 SMEs throughout the UK supported the build of the latest aircraft carrier, HMS Queen Elizabeth.

These opportunities are promoted both via the MOD DCO portal and the @defenceproc Twitter account. Both platforms provide a range of useful information for new and prospective suppliers.

 

Find International Defence Contracts

After recognising the vital role that UK businesses play within defence procurement, the Defence Secretary hinted that the defence sector will continue to expand. He said that:

“As Britan faces intensifying threats, it is crucial that our brave Armed Forces personnel have the warships, jets and missiles they need to defend the country”.

This means that now is an excellent time to sign up to Defence Contracts Online as our platform is designed to connect public sector suppliers and buyers.

If you are already a MOD DCO customer and are looking for international defence contracts, you can find out more about DCI (Defence Contracts International).

 

Doing business with the MOD

There are many benefits to doing business with the MOD. The shift to online portals has meant that many businesses are discovering contracts relevant to their business that they would never previously have had the chance of accessing.

The Government procures everything from military fighting vehicles to education services, which means there are opportunities for almost all types of businesses in the UK.

If you would like to learn more about doing business with the MOD, you can attend industry days that help to connect defence buyers and suppliers. Networking may also open potential for sub-contracting opportunities.

Would you like to register as a supplier? Find out how DCO can help your business.

 

Getting Started with Defence Procurement: SME Guide to Defence Contracts

supplies for the MOD with DCO contracts

 

So, you want to get started with defence procurement. Businesses of all sizes, in all sectors, no matter what they do or where they do it, can win defence contracts.

If you are the owner of a small business and want to win defence contracts with the MOD, you will find all the information you need on the DCO website.

What Are Defence Contracts?

Before you start bidding for defence contracts you must understand how the public-sector procurement world works. For a start, ‘defence contracts’ cover far more than weapons, aircraft and the like.

Defence procurement teams buy a wide variety of products and services ranging from clothing to satellite communication systems, from construction of buildings to provision of staff. This means that there is most likely scope for your business to work with the MOD in some capacity.

These defence contracts are worth bidding for if you are a small or medium-sized business. The MOD wants to work with SMEs as they have the added advantage of being able to combine innovative thinking with an agile and flexible approach, making the procurement process more transparent, simpler and faster. In addition, the MOD has made a commitment that 25% of procurement spend will be with SMEs by 2020.

How Much Is Spent On Defence Procurement?

Did you know that the MOD spend approximately £19.6 billion with third parties on a wide range of products and services? This amounts to 40-45% of total Government spend with third parties. The UK Government remains one of only five NATO member states to meet the alliance’s goal of spending 2% of GDP on defence annually.

For your business to succeed, you must understand how public procurement works and how to equip your business for success. Signing up to DCO means that you will have access to free MOD webinars that will give you a deeper insight into defence procurement. For more details about these and other benefits of DCO, download our information pack.

UK SMEs Win Business Overseas

Just because you are part of a smaller business does not mean that you cannot think big. The UK government wants to promote overseas business to SMEs. Why? Winning business overseas helps to build and sustain economic growth within the UK, something that benefits us all.

If you want to drive your small business forward, you must seek lucrative deals. These deals are available; however, you must know where to look. Using DCO you can access MOD tenders and overseas defence-related contracts.

Start Winning MOD Contracts

Understanding defence procurement is just the first step. Finding opportunities that suit the capacities of your business is often the hard part.

When you register for DCO, you will receive daily MOD contract alerts, this means that you will never miss opportunities that fit your business profile.  Small businesses can access MOD contracts that are worth £10,000 and over!

 

If you are interested in winning defence contracts, you can register for free today.