Contract AwardsThe £110m of UK Intelligence contract awards in the quarter looks to be a decent figure, in the context of our 1H26F UK Intelligence revenue forecast of £198m.
Order Book StrengthThe level of order book cover for the current year is expected to approach 80%.
Strategic FocusThe sale aligns with the revised US Strategy to focus on more stable and growth-oriented sectors such as maritime systems, advanced sensors, space and missile defence mission support, and persistent surveillance.