Lloyds has joined forces with Make UK Defence to create A Practical Guide to Working in Defence.
As UK defence spending increases and supply chains undergo significant reshoring, a substantial opportunity is emerging for SME manufacturers.
The Government is committed to engaging more SMEs, prime contractors are actively seeking new suppliers, and you don't need existing defence credentials to be considered. Indeed, new entrants are valued because they can bring fresh thinking to longstanding challenges. Problems that may have been solved differently in the automotive or food & drink sectors, for example, could offer exactly the innovation the defence supply chain needs.
But supplying the defence sector presents particular challenges, from extra accreditations to elevated security requirements, which can be tricky to navigate.
In response, Lloyds has joined forces with Make UK Defence to create A Practical Guide to Working in Defence. It’s a free comprehensive introduction to the sector, covering everything from finance to procurement cycles and engagement strategies, and it includes real life insights from businesses that have successfully established themselves in the defence supply chain.
Whether you’re new to defence or looking to expand an existing foothold, the guide can help you position your business for long-term success.
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