Written Statement·Lords·Ministry of Defence·HLWS1386

Baseline Profit Rate 2019-20 for Single Source Defence Contracts

15 March 2019

Statement

My right hon. Friend the Secretary of State for Defence (Mr Gavin Williamson) has made the following Written Ministerial Statement. I am today announcing that I have set the baseline profit rate for single source defence contracts at 7.63%, in line with t...