Practice / III · IV

Defence and
Strategic Industries.

Procurement, financing and structured offtake for sovereign defence and dual-use programmes. Engagement runs under the export-control regimes of the relevant jurisdictions. Mandates are accepted only where end-user, licence and sanctions diligence is satisfied.

Sovereign · Dual-useProgramme financingECA · G2G
Industrial manufacturing hall
Plate 05 — Defence
MMXXVI
— Capabilities

Three lines of capability.

Defence procurement advisory, sourcing under disclosed capacity, and the programme financing that brings each mandate to a standard a tier-one funder will lend against.

I — Capability

Procurement advisory.

Programme-level procurement support for sovereign defence and dual-use mandates. Supplier identification across original equipment manufacturers and approved distributors. Specification, tender structuring, evaluation, and post-award programme management.

II — Capability

Sourcing and placement.

Direct sourcing of lethal and non-lethal equipment from qualified sources, with structured offtake to the sovereign or strategic-procurement counterparty. Principal or agency capacity is disclosed in writing before any transactional step. Activity runs under the export-control regimes of the relevant jurisdictions, including the UK Export Control Joint Unit, the US Directorate of Defense Trade Controls and EU dual-use rules.

III — Capability

Programme financing and credit.

Financing structures that bring defence programmes to bankable standard. ECA-backed buyer credits across UKEF, Bpifrance, Sace, Hermes and EXIM. Government-to-government routes (FMS, IGA). Insurance-wrapped commercial credit where ECA capacity is not appropriate. Tied and untied credit lines for programme-level scale.

— Scope

On what we will act.

On what basis is a defence mandate accepted?

A mandate is accepted only once end-user identification, the applicable export-licence pathway and sanctions diligence have been confirmed. Activity runs under the export-control regimes of the relevant jurisdictions.

Are lethal-equipment programmes within scope?

Yes, where licensing and end-user diligence permit. The firm does not engage with sanctioned individuals, entities or jurisdictions, and does not act on mandates that cannot be conducted under a defensible licensing pathway.

Does Hen Street commit balance-sheet credit?

The firm arranges credit; it does not lend from a proprietary balance sheet. Credit is provided through ECA, government-to-government, or insurance-wrapped commercial channels and is documented to the bankable standard a tier-one funder requires.

Mandates begin with a
single introduction.

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