Latest Figures: Manufacturing in UK Defence Sector
27th July 2015
New figures by Ruari Mccallion at The Manufacturer show the defence manufacturing sector in the UK in numbers.
The total value of military products' sales where manufactured in the UK are split into four distinct groups; military fighting vehicles; weapons and ammunition; ships and floating structures and air and spacecraft - these reached a massive £13.1 billion back in 2013.
The figures demonstrate that the UK is the world's second largest defence exporter (after the USA) and we hold a 22% share of the market. The estimated annual turnover is in excess of £35 billion. We show employment of around 300'000 individuals.
The Manufacturer states that "The biggest UK-based suppliers to the MoD are BAE Systems; Babcock; Qinetiq, and Rolls-Royce - which, of course, supplies engines to civilian and military customers around the world."
Source: The Manufacturer.
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