According to the British Air Defense Defense and Space Industry Association website September 7, 2010 announcement September 7, held in London in 2017 British Defense and Security Equipment International Exhibition (DSEI) before the opening of the British Aerospace Defense and The Space Industry Association (ADS) released the "2017 Defense Industry Outlook" and "2017 Security Industry Outlook" report.
The two departments in the UK direct employees total over 240,000, combined turnover of 35 billion pounds, 2016 exports more than 10 billion pounds.
Industry highlights include: • Six of every 10 companies in the defense sector are expected to grow, as export opportunities are rising in the next 12 months.
Last year, the UK security sector grew 17 percent and doubled over the past five years.
Since 2010, defense industry productivity has grown seven times faster than other UK economic sectors, with defense growth at 23% and growth at 3% for other sectors.
Britain is the world's second largest defense exporter in the past 10 years and is the fifth largest exporter of security products in 2016.
In addition, ADS also proposed the following recommendations for defense procurement:
In all defense procurement decisions, economic factors should always be considered, including employment and export potential.
A more flexible approach to contracting over a longer period of time will help British Defense Industries to achieve greater efficiency and provide them with more freedom of innovation.
Early contact with the industry will allow UK companies to develop new cutting-edge technology for the armed forces.
The commitment between government and industry to deal with the defense sector will bring long-term confidence to the company and invest in the UK to create more high-value jobs.