The Importance of the Aerospace & Defence Sector to the UK Economy

The Telegraph recently reported that the UK aerospace industry is helping to buoy the British economy, while aerospace companies are pushing the envelope of what’s possible in the future of travel technology.

The UK aerospace industry is colossal. In fact, it’s the second biggest in the world, with its trade association, ADS Group, reporting sales in the sector of £31.1bn last year – up almost £2bn on the previous 12-month period.

At the same time the closely related defence industry enjoyed a turnover of £23.8bn, up £200m on 2014 figures.

Therefore, the Aerospace & Defence sector is important to the UK economy.

Map of the UK showing aerospace manufacturing locations