Complex Weapons Portfolio Management Agreement (PMA2) — UK MOD
10-year renewal of the UK MOD's Portfolio Management Agreement with MBDA for complex weapons, worth at least £6.5 billion, projecting a further £2bn in efficiencies and £500m of additional MBDA investment in UK manufacturing. Builds on the original PMA's £2.6bn in confirmed savings.
PMA2 covers MBDA's full UK complex-weapons portfolio — Storm Shadow, Brimstone, Meteor, ASRAAM, Aster (Sea Viper), CAMM (Land/Sea Ceptor), and Sea Venom — plus future programmes SPEAR Cap 3 (F-35B) and the UK-French Future Cruise/Anti-Ship Weapon (FC/ASW). Builds on the original PMA signed in 2010, which delivered ~£2.6bn in confirmed MOD savings. PMA2 supports 5,500+ MBDA UK jobs across Bolton, Stevenage, and Bristol, plus thousands more in the supply chain.
Award detail
- Agency
- UK Ministry of Defence (Defence Equipment & Support)
- Award ID
- Undisclosed
- Ceiling value
- In excess of £6.5 billion
- Vehicle
- 10-year Portfolio Management Agreement renewal (PMA2)
- Awarded
- 2024-07-22
- Period of performance ends
- 2034-07-22
Programs0
No linked records yet.
Frequently asked
- What is the Complex Weapons Portfolio Management Agreement (PMA2) — UK MOD contract?
- PMA2 covers MBDA's full UK complex-weapons portfolio — Storm Shadow, Brimstone, Meteor, ASRAAM, Aster (Sea Viper), CAMM (Land/Sea Ceptor), and Sea Venom — plus future programmes SPEAR Cap 3 (F-35B) and the UK-French Future Cruise/Anti-Ship Weapon (FC/ASW). Builds on the original PMA signed in 2010, which delivered ~£2.6bn in confirmed MOD savings. PMA2 supports 5,500+ MBDA UK jobs across Bolton, Stevenage, and Bristol, plus thousands more in the supply chain.
- Which agency awarded the Complex Weapons Portfolio Management Agreement (PMA2) — UK MOD contract?
- The Complex Weapons Portfolio Management Agreement (PMA2) — UK MOD contract was awarded by UK Ministry of Defence (Defence Equipment & Support) under a 10-year Portfolio Management Agreement renewal (PMA2) vehicle.
- How much is the Complex Weapons Portfolio Management Agreement (PMA2) — UK MOD contract worth?
- The Complex Weapons Portfolio Management Agreement (PMA2) — UK MOD contract has a value of In excess of £6.5 billion, awarded on 2024-07-22.
Sources & citations2
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