Delivering on one of the Prime Minister’s key priorities, the Defence industry has been recognised as a key contributor to the UK economy, with jobs, businesses and exports being boosted, according to a new report.
This year’s Joint Economic Data Hub (JEDHub) report highlights several insights, including the important contribution international business makes supporting UK defence turnover, with around 40% of defence turnover in surveyed companies coming from international sources in 2021.
Despite wider manufacturing contractions, there has been a 3.5% growth in surveyed defence full-time employees from 2020.
The report found that 130,000 indirect jobs were supported in the UK supply chain by the 11 Defence Growth Partnership (DGP) companies in 2021, with a quarter of new recruits made up of apprentices and graduates in 2021.
Minister for Defence Procurement, James Cartlidge said: “This second JEDHub report provides new insights into how the defence sector continues to contribute to the economic wellbeing of communities right across the UK, including through high-paying jobs.
“I am delighted that industry and government are continuing to work together in helping us grow our understanding of that vital contribution.”
The report recognised high average wages in the sector, with an 8.2% growth on 2020; and provides greater insights on skills, apprenticeships and graduates, the defence supply-chain and defence capabilities.
The report also shows a significant level of activity across each of the lifecycle activities, contributing to a diverse skill-set, with the growth in R&D activity contributing to future skills, technologies and defence capabilities.
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Defence Growth Partnership DGP growth JEDHub
Post written by: Vicky Maggiani
Vicky has worked in media for over 20 years and has a wealth of experience in editing and creating copy for a variety of sectors.
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