FTSE 350 Review 2018 

FTSE 350: Strategic imperatives and a more collaborative MoD

FTSE 350: Strategic imperatives and a more collaborative MoD

Readers may recall that a recent sector focus centred on the squeeze on Ministry of Defence (MoD) budgets and the implications for UK defence contractors, so we’ll try to avoid duplication where possible. However, for the handful of FTSE 350 constituents that rely – to varying degrees – on MoD procurement, 2018 may be the year that forces a change in long-term strategic planning. Although a governmental review of defence spending has yet to conclude, its findings are likely to be set against a pivot from the UK’s historic imperative to ‘project’ military power in favour of predominantly defensive operations, as threats from asymmetrical warfare, most notably cyber-attack, multiply.

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