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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.
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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.
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VAT exclusive at Current Prices (£ million) |
| Over £500 million (8 Companies) |
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| Babcock International Group PLC1 |
Finmeccanica SpA4 | Serco Group PLC7 |
| BAE Systems PLC2 | Lockheed Martin Corporation5 | Thales SA8 |
| Electronic Data Systems Corporation3 | QinetiQ Group PLC6 | |
| 250 - £500 million (5 Companies) |
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| BT Group PLC9 | Rolls-Royce Group PLC11 | VT Group PLC13 |
| EADS NV10 | The Boeing Company12 | |
| 100 - £250 million (12 Companies) |
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| Aspire Defence Holdings Ltd14 | Halliburton Company18 |
Man AG22 |
| BP PLC15 | Interserve PLC19 |
Marshall of Cambridge23 |
| Carillion PLC16 | Le Grand Annington Ltd20 |
Northrop Grumman Corporation24 |
| General Dynamics Corporation17 | Lend Lease Corporation Ltd21 |
Raytheon Company25 |
| 50 - £100 million (12 Companies) |
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| 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) |
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