Category : Defence

Defence companies and MOD’s procurement agency ‘failing’ contract regulations

Defence companies are failing to comply with new regulations over non-competitive contracts, a report by the independent watchdog has shown.

The Single Source Regulations Office has challenged £61 million of potentially non-allowable costs, whereby contractors charge unnecessarily for goods or services that could result in savings to the taxpayer. The independent

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New aerospace technologies to get £365 million funding

Business Secretary Sajid Javid has yesterday (13 July 2016) announced that government and industry have committed to providing almost £365 million of funding for new aerospace technologies, further enhancing the UK’s reputation as a world leading aircraft design and manufacturing hub.

The news, timed to coincide with this week’s Farnborough Air Show, builds on

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