On Tuesday 25th July, the Government published the UK defence and security export statistics for 2016. The figures showed the UK won defence orders worth £5.9bn, a 9 per cent share of the global market, and £4.3bn in security export sales.
Commenting on the statistics, ADS Chief Executive Paul Everitt said:
“These figures show the importance of the UK’s defence and security sectors to our national prosperity. Last year, the UK generated £5.9bn in defence exports and £4.3bn in security exports, seeing our security sector improve its position in the international market to become the fifth largest global exporter.
“These sectors employ nearly 250,000 people in the UK and it is vital that Government and industry work closely together to support long-term investment and innovation. A strong domestic market and a strategic approach to public procurement are essential for our continued success in highly competitive international markets.
“The continuing dominance of aerospace to our defence exports – achieving 70 per cent of the overall value in 2016 – demonstrates our global competitiveness in this area and the importance of developing a National Combat Air Strategy to maintain the UK’s position as a leader in the sector.”
To see the full statistical report, visit: https://www.gov.uk/government/publications/uk-defence-and-security-export-figures-2016/uk-defence-and-security-export-statistics-for-2016