A report reveals the Tempest fighter jet will support 20,000 jobs every year from 2026-2050 and contribute more than £25.3 billion to the UK economy in its first 30 years. The Tempest programme is being delivered by Team Tempest, a UK technology and defence partnership formed by BAE Systems, Leonardo UK, MBDA, Rolls-Royce and the RAF, and involving hundreds of high-tech companies, SMEs and academia across the UK. It is one of the UK’s most ambitious technological endeavours, designed to deliver a highly advanced, adaptable and affordable military combat air system which will play a key role in the nation’s defence and security. Along with meeting a major military requirement, the programme is expected to deliver significant benefits to the UK over its full lifetime. It will preserve sovereign capability whilst investing in highly skilled jobs, with a specific focus on young people, developing technology and infrastructure, and will support the wider economy and long-term prosperity of the UK. The released data represents the preliminary findings of an independent analysis by PwC on the economic contribution at the initial stages of the multi-decade Tempest programme, covering the period up to 2050. The preliminary findings reveal: The Tempest programme will contribute at least £25.3 billion to the UK economy in the first 30 years alone. This figure excludes the significant impact of R&D spillover and the important role Tempest plays in securing the critical UK combat air industrial sector and its associated economic benefits. For every £100 of direct value added generated by the Tempest programme partners, £220 is estimated to be created across the UK economy. The programme is forecast to support an average of circa 20,000 jobs every year between 2026 and 2050. For every 100 workers employed directly by the Tempest programme partners, a further 270 are estimated to be employed across the UK economy BAE Systems’ site in Warton, Lancashire is applying digital technologies to advance manufacturing on the Tempest programme This initial analysis looks at the period of programme development, production, entry into service and early support, but does not include the full potential of export opportunities, R&D investment or the value of the programme beyond 2050. Michael Christie, director, combat air acquisition programme, BAE Systems, commented: “Tempest is an exciting and ambitious multi-decade programme that will help to preserve our national security whilst at the same time driving significant economic benefits for the UK. BAE Systems www.baesystems.com Michael Tyrrell Author Michael Tyrrell Digital Coordinator Tags BAE Systems Aerospace Industry Defence Industry Share This Article Tweet Share Share Share Subscribe to our FREE Newsletter Related Articles BAE Systems, Safran, Babcock join accelerator programme BAE Systems to recruit record number of apprentices and graduates BAE Systems wins £2.4bn munitions contract Most recent Articles CE certification for COVID-19 visor made by industry collective Output stabilises in UK manufacturing industry, CBI survey shows Made in Derby: Bombardier confirms €2.4bn monorail deal Share This Article Tweet Share Share Share Subscribe to our FREE Newsletter