Abstract

UK government is to sell off 75% of the Defence Evaluation and Research Agency (DERA) by the summer of next year. It plans to split the agency which is one of the largest research organizations in Europe, into two. One part, currently dubbed NewDERA, will he privatized, and a smaller core agency will remain within the Ministry of Defence (MOD). DERA has an annual turnover of about £ 1bn and employs some 11700 staff, including about 2600 physicists, most of whom are expected to become part of the privatized Firm.

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