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Sector
Military
According o the MoD Report in March 2022:
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New economic report reinforces value of defence sector to the UK
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Thousands of organisations paid for defence work and 5,000 apprentices employed
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Over a fifth of defence procurement spending is with SMEs
The report has been published by the Joint Economic Data Hub (JEDHub), a collaborative initiative to improve understanding of the defence sector’s contribution to the UK economy and an important deliverable of the 2021 Defence and Security Industrial Strategy (DSIS).
Key stats in the report include:
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10,000 - Organisations paid directly by the MOD globally in 2020/21
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5,000 – Estimated apprentices employed in the UK defence sector
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$4.6 billion - Average of annual UK defence exports between 2016-2020
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