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Our strategy

Our purpose, to create a safe and secure world, together, informs all that we do.

We meet our customers’ key requirements of affordability, availability, and capability by delivering front line and equipment support, training, product design, manufacture and integration, and technology and systems to defence, security and civil markets.

Our technical capability

  • Grow our UK business through optimising our existing position and entering selective new programmes
  • Grow our international business through expanding activity in our focus countries, direct exports and strategic partnerships

Our people and capabilities

  • Build our engineering capability, enhancing the mobility of our engineers
  • Progress our early careers and back to work programmes
  • Develop engineering and nuclear skills through the Â鶹Éçʼþ Skills Academy as well as via national and industry initiatives

Build strategic partnerships

  • Work with our customers to deliver critical solutions
  • Develop innovative solutions to solve complex customer challenges
  • Work with industry partners to enter new markets and programmes

Being a responsible corporate citizen

  • Progress our five ESG priorities and apply our framework for integrating sustainability into growth
  • Promote the vital role of defence and national security aligned with ESG

Improved outcomes for our customers

A better place to work

Returns for our shareholders

Our growth strategy

We have a sustainable growth strategy across our business:

  • In the UK we are optimising our existing positions and bidding selectively for new programmes.
  • Internationally, we are expanding our footprint in, and from, our focus countries. We are also developing our exports from the UK.
  • We are forming alliances with strong partners who see value in working with us and who understand the markets we’re entering.

UK

Optimise production

Selective new programmes

International

Expansion in focus countries

Direct exports

Strategic partnerships

Managing commercial and technical risk

What we do is complex. We’re a business that delivers a wide range of programmes with
interdependencies across our partnerships, our supply chain and our customers.

Our average programme length is five years, but some are decades-long, spanning multiple governments, geopolitical changes and unforeseen economic challenges.

Key themes of our operation and business delivery

People

People deliver through integrated cross-functional teams

Enabled, accountable and highly competent workforce

Process

Consistent end-to-end lifecycle management, supported by mature governance

Agile and integrated ways of working

Controls

Proportionate controls delivering predictable outcomes

Enabling systems and technology

Predictable delivery, predictable business

Strategic Framework 2024

Download our 2024 strategic framework.

300 KB

Financial Statements 2024

Download our 2024 financial statements

1 MB

Our Business Model

Download our business model.

1 MB