Aerospace Sector UK Outlook 2024

Director ASIM Sandro VR, jun 25

Recent data from ADS Group shows that in 2023, the aerospace, defense, security, and space sectors contributed £38.2 billion to the UK economy, marking a 50% increase over the past decade. The trade association also reported a 40% rise in turnover for these industries, totaling £88.4 billion in 2023. Nearly half of this turnover came from exports, which grew by 32% to reach £38.7 billion compared to 2013.

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