What's new

UK the second largest defence exporter in the world with the industry supporting over 200,000 jobs

dani191

SENIOR MEMBER
Jul 10, 2017
3,632
-9
1,239
Country
Israel
Location
Israel
UK the second largest defence exporter in the world with the industry supporting over 200,000 jobs
07 July 2021 (0 Comments)
Posted by: William Barns-Graham

defence exports

The UK is the second largest global defence exporter on the planet after the US, accounting for 16% of the global market and with 207,000 jobs supported by the industry, new data has found.
Research from trade association Make UK, in association with Raytheon UK, shows that global defence and aerospace exports are valued at around £12bn.
This is equivalent to almost 5% of total UK manufacturing output, the report reveals.
High value
Andrew Kinniburgh, director of Make UK Defence, said the report underlined the strategic importance of the sector to the long-term health of the UK economy, providing high value, high-skill jobs across the country.
“The defence, aerospace, shipbuilding and rail industries are the cornerstone of advanced, high-value manufacturing in the UK,” he said.
“Competing in some of the most highly-skilled technologies and market around the world, together with their supply chains they will be critical to the future success of our economy as we recover”.
Top markets
The report listed the top five export markets for British defence and aerospace goods as:
  • France - £2.6bn
  • US - £2.4bn
  • Germany - £2.3bn
  • Canada - £474m
  • Norway – £460m
It also reports that the sector is the second biggest investor in research and development after automotive, accounting for 21% of overall UK spend.
Jobs in the sector pay 27% more than the manufacturing average.
Aerospace leads
According to a government report last year, aerospace accounted for almost 60% of all defence exports between 2010 and 2019 based on orders and contracts signed.
Land and sea defence exports had roughly equal shares at around 20%.
Scrutiny
UK defence exports have come under scrutiny from human rights group Freedom House recently, the Guardian reported.
Between 2011-2020, the UK licensed £16.8bn of arms to countries criticised by the US government-funded human rights group.



« Back to Index
 

jamahir

ELITE MEMBER
Jul 9, 2014
22,433
16
19,980
Country
India
Location
India
As long as the UK doesn't sell to nations who commit atrocities and genocide that is ok. But the UK shamelessly does.
Many nations commit those atrocities, war crimes and genocide. The shame is that the UNO, which should exist to stop wars, many a time becomes a rubber-stamp to those things.
 

khanmubashir

FULL MEMBER
Aug 13, 2014
1,894
0
1,639
Country
Pakistan
Location
Pakistan
UK the second largest defence exporter in the world with the industry supporting over 200,000 jobs
07 July 2021 (0 Comments)
Posted by: William Barns-Graham

defence exports

The UK is the second largest global defence exporter on the planet after the US, accounting for 16% of the global market and with 207,000 jobs supported by the industry, new data has found.
Research from trade association Make UK, in association with Raytheon UK, shows that global defence and aerospace exports are valued at around £12bn.
This is equivalent to almost 5% of total UK manufacturing output, the report reveals.
High value
Andrew Kinniburgh, director of Make UK Defence, said the report underlined the strategic importance of the sector to the long-term health of the UK economy, providing high value, high-skill jobs across the country.
“The defence, aerospace, shipbuilding and rail industries are the cornerstone of advanced, high-value manufacturing in the UK,” he said.
“Competing in some of the most highly-skilled technologies and market around the world, together with their supply chains they will be critical to the future success of our economy as we recover”.
Top markets
The report listed the top five export markets for British defence and aerospace goods as:
  • France - £2.6bn
  • US - £2.4bn
  • Germany - £2.3bn
  • Canada - £474m
  • Norway – £460m
It also reports that the sector is the second biggest investor in research and development after automotive, accounting for 21% of overall UK spend.
Jobs in the sector pay 27% more than the manufacturing average.
Aerospace leads
According to a government report last year, aerospace accounted for almost 60% of all defence exports between 2010 and 2019 based on orders and contracts signed.
Land and sea defence exports had roughly equal shares at around 20%.
Scrutiny
UK defence exports have come under scrutiny from human rights group Freedom House recently, the Guardian reported.
Between 2011-2020, the UK licensed £16.8bn of arms to countries criticised by the US government-funded human rights group.



« Back to Index
Look at that the biggest customers of UK defence products are major western nations themselves USA France included
I thikthink it's sub systems for their own weapon systems
Plus UK Rolls-Royce engine for jets .are the commercial ones also included in this ???
 

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)


Top Bottom