Chapter 1 - Finance
     
Tables 1.18 and 1.18a have been subject to a number of revisions following the recovery of additional data relating to miscellaneous contract transactions. This has resulted from a data system change during the second half of 2007-08. Click here to find out more about the background to these revisions.

A revised Table 1.18 is presented below. 30 organisations (shown in green font) are new to the table and 22 organisations which appeared on the original table listing have moved payment bandings (shown in red font). The addition of one new organisation (Le Grand Annington PLC) to Table 1.18a has been necessary as a result of these changes.

Table 1.18a Private Sector Companies paid £50 million or more by the Ministry of Defence in
                           2007/08: By Holding Company
This table (which is derived from Table 1.18) shows a subset of the data contained within Table 1.18, providing a listing of the Private Sector Companies that were paid £50 million or more through the Financial Management Shared Service Centre (FMSSC) - formerly the Defence Bills Agency (DBA) - in 2007/08.

This listing details the individual subsidiaries listed in Table 1.18 'rolled up' by holding company and single entity private companies where no other subsidiary has been recorded by the FMSSC. The term 'holding company" refers to companies which are full or part owner of other companies (subsidiaries and joint ventures). The table includes only those subsidiaries where the MOD has made payments during 2007/08 and therefore, is not an exhaustive listing of all subsidiaries and joint ventures relating to that holding company. It also excludes those companies and/or joint ventures which work as part of a consortium. Payments to joint ventures have been allocated to their parent holding companies in proportion to their equity holdings. The table excludes all payments made to public sector bodies, government departments and agencies, local authorities, MOD trading funds, multi nation project management agencies, charities and associations.

Please note that the placement of companies by payment bandings may differ from Table 1.18 as the sum of the annual payments made to the holding company will exceed the values for individual subsidiaries listed in Table 1.18. The composition of Holding Companies in terms of their subsidiaries is derived as at 31 March 2008. A listing of each company's subsidiaries and joint ventures, who have made payments during 2007/08 can be found in the footnotes below. It is recognized that the structure and ownership of modern corporations is dynamic and changes frequently. The FMSSC are responsible for the majority of such payments (around 95% by value) made by MOD. Other payments are made, for example, via British Defence Staff (United States), MOD Trading Funds and through local cash offices. The table is split into payment groups with the companies shown in alphabetical order. Company and organisation names have been reproduced (at 1 April 2008 position) directly from the truncated entries recorded on the FMSSC database and may appear in a shortened format in places. Where a contract is novated during the year, annual payments are shown against the new 'owner' (company or entity) of that contract.
VAT exclusive at Current Prices (£ million)
Over £500 million (8 Companies)    
Babcock International Group PLC1 Finmeccanica SpA4Serco Group PLC7
BAE Systems PLC2Lockheed Martin Corporation5Thales SA8
Electronic Data Systems Corporation3QinetiQ Group PLC6
 250 - £500 million (5 Companies)    
BT Group PLC9Rolls-Royce Group PLC11VT Group PLC13
EADS NV10The Boeing Company12
 100 - £250 million (12 Companies)    
Aspire Defence Holdings Ltd14Halliburton Company18 Man AG22
BP PLC15Interserve PLC19 Marshall of Cambridge23
Carillion PLC16Le Grand Annington Ltd20 Northrop Grumman Corporation24
General Dynamics Corporation17Lend Lease Corporation Ltd21 Raytheon Company25
 50 - £100 million (12 Companies)    
Amec PLC26 HCR Group Holdings Ltd30 Scottish and Southern Energy PLC34
Atkins (WS) PLC27 International Business Machines Corporation31 Sodexho35
British Energy Group PLC28 Modus Services (Holdings) Ltd32 Turner & Co (Glasgow) Ltd36
Cobham PLC29 Royal Dutch Shell PLC33 Ultra Electronics Holdings PLC37
Source: DASA (Economic Statistics)

1.    Babcock International Group PLC includes payments made to Babcock Defence Systems Ltd, Babcock Dyncorp Ltd, Babcock International Group PLC, Babcock Marine (Clyde) Ltd, Babcock Naval Services Ltd, Babcock Support Services Ltd, Debut Services Ltd, Debut Services (South West) Ltd, Rosyth Royal Dockyard Ltd, Rosyth Royal Dockyard Pension Scheme, Devonport Royal Dockyard, Frazer-Nash Consultancy Ltd, LSC Group Ltd and Weir Strachan & Henshaw Ltd.

2.    BAE Systems PLC includes payments made to Aerosystems International Ltd, BAE Systems, BAE Systems (Aviation Services) Ltd, BAE Systems (Defence Systems) Ltd, BAE Systems (Hawk Synthetic Training) Ltd, BAE Systems Land Systems Pinzgau Ltd, BAE Systems (Operations) Ltd, BAE Systems Surface Fleet Solutions, BAE Systems Bofors AB, BAE Systems Defence Ltd, BAE Systems Electronics Ltd, BAE Systems Hagglunds AB, BAE Systems Information & Electronic Systems Integration Inc, BAE Systems Information & Electronic Warfare Systems, BAE Systems Australia Ltd, BAE Systems Integrated System Technologies Ltd, BAE Systems Land Systems (Bridging) Ltd, BAE Systems Land Systems (Munitions and Ordnance) Ltd, BAE Systems Land Systems (Weapons and Vehicles) Ltd, BAE Systems Marine Ltd, BAE Systems Pension Funds Trustees Ltd, BAE Systems PLC, BAE Systems Properties Ltd, BAE Systems/Rockwell Collins Data Link Solutions LLC, Corda Ltd, Flagship Training Ltd, Fleet Support Ltd, MBDA UK Ltd and Piper Group PLC.

3.    Electronic Data Systems Corporation includes payments made to EDS Defence Ltd, Electronic Data Systems Ltd and Unigraphics Solutions Ltd.

4.    Finmeccanica SpA includes payments made to Agustawestland International Ltd, Aviation Training International Ltd, Galileo Avionica Spa, MBDA UK Ltd, Selex Communications Ltd, Selex Sensors & Airborne Systems Ltd, Selex Sistemi Integrati Ltd, Vega Group PLC and Westland Helicopters Ltd.

5.    Lockheed Martin Corporation includes payments made to AWE Management Ltd, AWE PLC, Lockheed Martin Aeronautics Company, Lockheed Martin Aerospace Systems Integration Corp, Lockheed Martin Canada Inc, Lockheed Martin Corp, Lockheed Martin Maritime Systems & Sensors Ltd, Lockheed Martin Overseas Corp, Lockheed Martin Sippican Inc, Lockheed Martin System Integration-Owego Ltd, Lockheed Martin UK Ltd, Lockheed Martin UK Insys Ltd, Lockheed Martin UK Integrated Systems & Solutions Ltd and Raytheon/Lockheed Martin Javelin Joint Venture.

6.    QinetiQ Group PLC includes payments made to ASAP Calibration Services Ltd, Boldon James Ltd, Foster-Miller Inc, Graphics Research Corporation Ltd, HVR Consulting Services Ltd, QinetiQ Ltd and QinetiQ Nanomaterials Ltd.

7.    Serco Group PLC includes payments made to AWE Management Ltd, AWE PLC, Cornwell Management Consultants, Defence Management (Watchfield) Ltd, NPL Management Ltd, Serco-Denholm Ltd, Serco Denholm Marine Services Ltd, Serco Gulf Engineering Ltd and Serco Ltd.

8.    Thales SA includes payments made to Quintec Associates Ltd, Thales Air Defence Ltd, Thales ATM Ltd, Thales Avionics Electrical Systems Ltd, Thales Avionics Ltd, Thales Communications Ltd, Thales Communications SA, Thales E-Security Ltd, Thales Missile Electronics Ltd, Thales Naval Ltd, Thales Nederland BV, Thales Optronics Ltd, Thales Optronics (Bury St Edmunds) Ltd, Thales Optronics (Taunton) Ltd, Thales Research & Technology (UK) Ltd, Thales Systemes Aeroportes S.A., Thales Training & Simulation Ltd, Thales Training & Simulation (ACE) Ltd, Thales Training & Simulation (Eagle Middle Wallop) Ltd, Thales Training & Simulation (Merlin) Ltd, Thales UK Ltd, Thales Norway AS and Thales Underwater Systems Ltd.

9.    British Telecommunications Group PLC includes payments made to British Telecommunications PLC, Brightview Internet Services Ltd, Dabs.com PLC and Syntegra Ltd.

10.  EADS NV includes payments made to Airbus UK Ltd, EADS Defence & Security Systems Ltd, EADS Test and Services (UK) Ltd, EADS Test and Engineering Services (UK) Ltd, Eurocopter International (UK) Ltd, Infoterra Ltd, MBDA UK Ltd, Paradigm Secure Communications Ltd and Paradigm Services Ltd.

11.  Rolls-Royce Group PLC includes payments made to Bristol Aerospace Ltd, Data Systems and Solutions Ltd, Industria de Turbo Propulsores S.A., Powerfield Ltd, Rolls Royce Corporation, Rolls-Royce Marine Electrical Systems Ltd, Rolls-Royce Marine Power Operations Ltd, Rolls-Royce PLC, Rolls-Royce Power Engineering PLC, Rolls-Royce Snecma Ltd, Rolls-Royce Turbomeca Ltd and Vinters Engineering PLC.

12.  The Boeing Company includes payments made to Aviation Training International Ltd, Boeing Defence UK Ltd, Continental Datagraphics Ltd, Jeppesen Sanderson Inc, McDonnell Douglas Corporation and The Boeing Company.

13.  VT Group PLC includes payments made to Flagship Fire Fighting Training Ltd, Flagship Training Ltd, Fleet Support Ltd, VT Aerospace Ltd, VT Career Progressions Ltd, VT Communications Ltd, VT Halmatic Ltd, VT Integrated Services Ltd, VT Land Ltd, VT Land (Whitefleet Management) Ltd, VT Marine Products Ltd, VT Maritime Affairs Ltd, VT Nuclear Services Ltd, VT Plus Training PLC, VT Shipbuilding Ltd and VT Software Solutions Ltd.

14.  Aspire Defence Holdings Ltd includes payments made to Aspire Defence Ltd, Aspire Consulting Ltd and Aspire Defence Services Ltd.

15.  BP PLC includes payments made to Air BP Ltd, BP International Ltd, BP Lubricants (UK) Ltd, BP Marine Ltd, BP Oil UK Ltd, BP Oil International Ltd and British Pipeline Agency Ltd.

16.  Carillion PLC includes payments made to Aqumen Services Ltd, Carillion Construction Ltd, Carillion Enterprise Ltd, Carillion JM Ltd, Carillion Services Ltd, Carillion Specialist Services Ltd, Enviros Consulting Ltd, Modern Housing Solutions (Prime) Ltd, Planned Maintenance Engineering Ltd, Schal International Management Ltd and TPS Consult Ltd.

17.  General Dynamics Corporation includes payments made to Anteon (UK) Ltd, General Dynamics Canada Ltd, General Dynamics United Kingdom Ltd, General Dynamics Ordnance and Tactical Systems, Itronix (UK) Ltd and Mowag GmbH.

18.  Halliburton Company includes payments made to Kellogg Brown and Root (UK) Ltd and Mono Pumps Ltd.

19.  Interserve PLC includes payments made to Interserve (Defence) Ltd, Landmarc Support Services Ltd, Pride (Serp) Ltd and SSD UK Ltd.

20.  Le Grand Annington Ltd includes payments made to Annington Property Ltd and Annington Recievables Ltd.

21.  Lend Lease Corporation Ltd includes payments made to Bovis Lend Lease Ltd, Debut Services Ltd and Debut Services (South West) Ltd.

22.  Man AG includes payments made to MAN Truck & Bus (UK) Ltd and MAN Diesel Ltd.

23.  Marshall of Cambridge includes payments made to Fellhouse Ltd, Marshall of Cambridge Aerospace Ltd, Marshall Motor Group Ltd, Marshall Specialist Vehicles Ltd and Marshall Thermo King Ltd.

24.  Northrop Grumman Corporation includes payments made to Northrop Electronics Systems International Inc, Northrop Grumman Corporation, Northrop Grumman Electronics & Systems Integration International Inc, Northrop Grumman Information Technology International Inc, Northrop Grumman ISS International Inc, Northrop Grumman Mission Systems Europe Ltd, Northrop Grumman Overseas Service Corporation, Northrop Grumman Space & Mission Systems Corporation, Northrop Grumman Sperry Marine Ltd, Park Air Systems Ltd and Northrop Grumman Sperry Marine BV.

25.  Raytheon Company includes payments made to L-3 Communication Integrated, Raytheon Anschuetz Gmbh, Raytheon Company, Raytheon/Lockheed Martin Javelin Joint Venture, Raytheon Systems Ltd and Raytheon Technical Services Company LLC.

26.  AMEC PLC includes payments made to Amec AGL Ltd, Amec Capital Projects Ltd, Amec Group Ltd,Amec Nucleur UK Ltd and Amec Turner Ltd.

27.  Atkins (WS) PLC includes payments made to Atkins Advantage Business Solutions Ltd, Atkins Advantage System Solutions Ltd, Atkins Advantage Technical Consultants Ltd, Atkins Consultants Ltd, Atkins Facilities Management Ltd, Atkins Ltd, Atkins Planning & Management Consultants Ltd, Lambert Smith Hampton Group Ltd, Modern Housing Solutions (Prime) Ltd and WS Atkins PLC.

28.  British Energy Group PLC is payments made to British Energy Direct Ltd.

29.  Cobham PLC includes payments made to Atlantic Microwave Ltd, Carleton Life Support Technologies Ltd, Chelton Ltd, Chelton (Electrostatics) Ltd, Cobham Advanced Composites Ltd, Credowan Ltd, Culham Lighting Ltd, European Antennas Ltd, ERA Technology Ltd, FB Heliservices Ltd, FBS Ltd, Flight Precision Ltd, Flight Refueling Ltd, FR Aviation Ltd, Micromill Electronics Ltd, Racal Antennas Ltd, Vector Fields Ltd and Wallop Defence Systems Ltd.

30.  HCR Group Holdings Ltd includes payments made to HCR Ltd.

31.  International Business Machines Corporation includes payments made to Cognos Ltd, Data Sciences UK Ltd and IBM UK Ltd.

32.  Modus Services (Holdings) Ltd includes payments made to Modus Services Ltd.

33.  Royal Dutch Shell PLC includes payments made to Shell Aviation Ltd, Shell Marine Products Ltd, Shell UK Ltd and Shell UK Oil Products Ltd.

34.  Scottish and Southern Energy PLC includes payments made to EDF Energy Contracting Ltd, Pride (Serp) Ltd and Sse Energy Supply Ltd.

35.  Sodexho includes payments made to Primary Management (Aldershot) Ltd, Sodexho Defence Services Ltd, Sodexho Land Technology Ltd, Sodexho Ltd and Sodexho Pass Ltd.

36.  Turner & Co (Glasgow) Ltd includes payments made to Mitchell Diesel Ltd, Turner Aviation Ltd, Turner Facilities Management Ltd, Turner Facilities Management (Glasgow) and Amec Turner Ltd.

37.  Ultra Electronics Holdings PLC includes payments made to Ultra Electronics Ocean Systems Inc and Ultra Electronics Ltd.