Our operating performance | Defence and security advice and services Market context The economic implications of the global COVID pandemic, and the continued conflict in Ukraine, alongside escalating tensions in East Asia and the Middle East has inevitably affected and influenced government thinking and spending on defence and security across the reporting year. While overall public spending was weaker, new or renewed commitments around future spending and defence and security capability and strategy were made, which positively influenced our inyear performance and signal future growth and opportunity. One of the key challenges facing the defence and security industrial base is the deepening technical skills shortage. Customer demand for short lead time consultancy and technical support continues to make it challenging to match demand and supply, making partnering across and between industry, and good supply chain management essential. Performance 2022/2023 We achieved solid order intake built off the back of our strong position on the UK MOD’s Aurora Engineering Delivery Partnership (EDP) and Canada’s Engineering, Logistics, and Management Support (ELMS) contracts. The trend for longerWe provide independent engineering, design, management and programme consultancy services in the ‘five eyes’ defence and security markets of Australia, New Zealand, Canada, the US and the UK. Our technical expertise, collaborative approach and independence help our customers and partners to meet their most complex engineering and programme challenges. term contracts, with a progressive shift towards more outcome focus and less manpower substitution, has continued. We expanded our management consulting activity from an established position with London’s Metropolitan Police Service into the Department for Work and Pensions (DWP) and the Home Office, where we are combining programme delivery support with our technical knowledge as the government looks to recapitalise the Border Force maritime fleet. Our expansion into other government departments highlights the value of BMT securing a place across a number of key routes to market including through the Management Consultancy Framework Three (MCF3), a multi-lot framework agreement that gives central government and wider public sector customers access to our high quality and cost-effective consultancy services. Our strong focus on customer satisfaction has been rewarded through multiple repeat contracts, such as the £5m award of the UK Defence Cyber Operations Programme. Strategy and organisation People remain core to our offer. As technology moves at pace we continue to invest in upskilling our employees to remain at the leading edge. Our investments in Digital and in our Autonomy campaign, is rapidly growing our skills and capability. Similarly, we have invested in a Consulting for Complex Transformation campaign, which will extend our offer into higher value services through new skills. Social Value (SV) has become a cornerstone of all new propositions in to defence and security. While SV can take a variety of forms depending on the country and specific market, the activities and benefits cited must be directly relevant to the opportunity and subsequently tracked through delivery. Our commitment to sustainability is shaping our response to SV and is enabling us to collaborate more with our customers on delivering better outcomes for society, communities and the environment. ‘People remain core to our offer. As technology moves at pace it is essential that we continue to invest in upskilling our employees to remain at the leading edge.’ BMT Group Ltd | Review of performance 22-23 14
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