The UK’s Aerospace sector remains an economic cornerstone, with 5% annual growth delivering £29bn in turnover and £26bn in exports. Employing over 110,000 people directly, the Aerospace industry supports another 126,000 jobs in the supply chain.
The UK Defence Sector has an annual turnover of £22bn, 40% of which is comes from exports and employs over 124,000 people directly.
The UK’s security sector is one of the most dynamic and fast-growing, with figures in this report showing that it generated £8.5bn last year, £3.4bn of which came through exports a rise of 6 per cent compared with the previous year.
Major companies located in England include:
- Lockheed Martin
- BAE Systems