Warship defence deal safeguards UK jobs
The Defence Secretary Sir Michael Fallon has announced the signing of a contract worth around £3.7 billion to start building the Royal Navy’s Type 26 Frigates.
The value of UK defence industry to the economy explained
The UK defence industry supports 260,000 jobs and the government spends £20 billion annually in the sector.
This is according to a Ministry of Defence YouTube video on the value of UK defence.
From an SME manufacturer on the Isle of Man building crucial F-35 equipment, to major employers supporting whole communities through major defence procurement projects, the UK defence industry’s impact is felt in every region of the UK.
Defence makes a significant contribution to the UK skills base by being one of the nation’s largest employer of apprentices and the positive impact of defence on UK science, technology, engineering and mathematics (STEM) capability.
The work of defence also underpins the government’s industrial and economic strategies and continues to drive British innovation on the international stage.
The industry is also an export success with the value of equipment sales to the UK economy at £14 billion annually.
MoD www.gov.uk/mod
Related Articles
Defence Minister Stuart Andrew reveals HMS Sheffield as new warship
Defence Minister Stuart Andrew has announced the name of a future British warship as HMS Sheffield. Built on centuries of history, the state-of-the-art submarine hunter will be the fourth ship to carry the name, and will be Britain’s fifth state-of-the-art Type 26 Global Combat Ship.
5 years ago
News
£400m nuclear submarine funding to safeguard Barrow-in-Furness jobs
Defence Secretary Gavin Williamson has announced a £400 million funding boost for the Dreadnought submarine programme as he opened a new training academy.
5 years ago
News
Most recent Articles
Luvata acquires Dawson Shanahan to grow EV business
Luvata Oy has acquired UK based Dawson Shanahan Group, a successful and leading European producer of highly engineered and fabricated copper and metal components used in the aerospace, automotive, medical, power distribution, and industrial markets.
1 day ago
News
Hurco partnership strengthens MSC’s engineering support
MSC Industrial Supply Co. UK (MSC) and Hurco Europe have signalled a closer commercial relationship by forming a strategic partnership.
1 day ago
News
Smart Manufacturing & Engineering Week returns to NEC
From 5-6 June, the NEC Birmingham will see the return of Smart Manufacturing & Engineering Week 2024.
1 day ago
News
