Defence and Security Accelerator

The Defence and Security Accelerator (DASA) was launched in December 2016 with the aim of identifying and funding innovations that support UK defence and security. In its first 12 months it received over 700 proposals and provided funding to 147. On the face of it this is encouraging for many in the aerospace, defence, and technology sectors, but accessing this funding can remain a challenge. The MOD has restated its commitment to increase the amount of money it spends with…

MOD SME Action Plan

“We want to encourage innovation and wider Small and Medium sized Enterprise participation throughout our supply chain and will continue to pursue policies and practices that make it easier for new and smaller businesses to identify, compete for and win opportunities with the Ministry of Defence.”   Stuart Andrew MP Minister for Defence Procurement   This is an extract from the MOD SME Action Plan showing a breakdown of where the MOD spent its money in 2017/18. Which segment does…

BEIS SME Action Plan

The Department for Business, Energy & Industrial Strategy’s (BEIS) has published its small or medium-sized enterprise (SME) Action Plan to ensure that by 2022 the BEIS Group will be spending an extra £35 million with SMEs.   Are you ready to win your share of that £35m? Our SME Fixed Price Packages are designed specifically to advise, guide and support companies in a very cost effective and affordable way.

JOSCAR Accreditation Granted to BiD Masters

BiD Masters Achieves JOSCAR Registration, the Defence Industry Accreditation System   Being a trusted supplier to the defence industry is central to the success of BiD Masters. Defence is our largest sector of expertise and our JOSCAR accreditation demonstrates that trust. The major benefit for our clients is that it allows our bid specialists to be assigned to a contract very quickly, which is essential given the time-critical nature of bids.     What is the JOSCAR accreditation?   JOSCAR is…

Wärtsilä acquires Transas

The technology group Wärtsilä has acquired Transas. Control of the company will be transferred to Wärtsilä . The acquisition, which was effective from 4 May, 2018, has a transaction value of MEUR 210 (enterprise value).   The move will speed Wärtsilä along its path towards its Smart Marine Ecosystem vision. Established in 1990, Transas is a global market leader in marine navigation solutions that include complete bridge systems, digital products and electronic charts. The company is also a leader in…

Abellio wins West Midlands Rail Franchise

West Midlands Trains Ltd (WMT), is a joint venture, owned by Abellio and its partners for the bid, Mitsui and East Japan Railway Company (JR East), has been announced as the preferred bidder to run the next West Midlands rail franchise from 10 December 2017.     Over the next nine years, WMT will deliver nearly £1bn into the region with £700m of this going into new and refurbished trains. This investment will bring significant improvements to the network. By…