# SRT Expands Sovereign Surveillance Pipeline

SRT Marine Systems reported a £2.4 billion visible sales pipeline for sovereign surveillance systems in its H2 2026 results, up from £1.8 billion, and said it converted approximately £200 million into contracts during the year. The pipeline represents potential future projects, not an open solicitation, and conversion depends on government project timing, financing, and approvals. A signed Kenya-related contract is expected to begin in Q1 2027, subject to a government-to-government loan agreement. SRT also plans to expand delivery capacity and work with in-country partners on infrastructure, system delivery, and product development.

- The pipeline signals possible future teaming and subcontracting needs, but contractors should not treat its full value as funded or currently available work.
- Companies with local infrastructure, system integration, or product-development capabilities may be relevant to SRT’s stated plans to expand delivery capacity and use in-country partners.
- The Kenya project remains contingent on its loan agreement; its anticipated Q1 2027 start is not a confirmed mobilization date.

**Jurisdictions:** international
**Industries:** Defense & Military
**Topics:** Digital Infrastructure
**Published:** November 10, 2026

### Government Entities
- UK Export Finance (UKEF)

### Vendors
- SRT Marine Systems (prime contractor)

### Key Quotes
> STS was all about defining that core part of what we are doing. Where is our added value? What actually is the customer supplying? Then making sure we have got the right partners so that we can deliver the infrastructure.
> — Simon Tucker, Chief Executive Officer of SRT Marine Systems

### Sources
- [Earnings call transcript: SRT Marine Systems posts H2 2026 EPS beat By Investing.com](https://in.investing.com/news/stock-market-news/earnings-call-transcript-srt-marine-systems-posts-h2-2026-eps-beat-93CH-5692839) - Investing.com India