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Sir Peter Ricketts, the prime minister's national security advisor, is the civil servant overseeing the process.
BBC: Q&A: Strategic defence and security review
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Earlier the Iranian Ambassador met at the Foreign Office with the FCO's top civil servant and permanent under secretary, Peter Ricketts, to discuss the situation.
BBC: Iran issues warning over UK yacht crew
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Up to 40 separate studies of defence expenditure are close to completion, which will be submitted to the NSC's small secretariat, led by the new national security adviser, Sir Peter Ricketts, a former head of the Foreign Office.
ECONOMIST: The future of British defence
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As if to stress that it is stronger than ever, British government sources say a new joint US-UK National Security Strategy Board is to be set up headed by Sir Peter Ricketts, the prime minister's national security adviser and Tom Donilon, his White House counterpart.
BBC: Obama has fun in Ireland