Paris Air Show: Cautious optimism for post-Brexit aerospace
Despite continued uncertainty surrounding Brexit, figures released by ADS Group suggest strong growth in the UK aerospace industry and hint at future investments in UK combat aircraft.
The UK defence sector, which is the largest exporter of defence equipment and services in Europe and second only to the US globally, reported an annual turnover of £23 billion for 2016, according to ADS figures.
Other positive market indications included the 10% growth of the industry since 2010 and average exports between 2012 and 2015 valued at £8.7 billion, a 12% increase on the previous year despite a year of political instability
Already have an account? Log in
Want to keep reading this article?
Read this Article
Get access to this article with a Free Basic Account
- Original curated content, daily across air, land and naval domains
- 2 free stories per week
- Daily news round-up email service
- Access to all Decisive Edge email newsletters
Unlimited Access
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
- Original curated content, daily across air, land and naval domains
- 14-day free trial (cancel at any time)
- Unlimited access to all published premium news
More from Paris Air Show 2017 Show News
-
![Paris Air Show: Striker II from testbed to head]()
Paris Air Show: Striker II from testbed to head
BAE Systems showcased for the first time a new modified version of its Striker II Helmet Mounted Display (HMD) at Paris Air Show last week. …
-
![Paris Air Show: Variety spices up special mission aircraft]()
Paris Air Show: Variety spices up special mission aircraft
Various companies were at this year’s Paris Air Show showcasing their intelligence-gathering special mission aircraft with one theme in particular seeming to take precedent; the …
-
![Paris Air Show: Test pilot talks CH-53K (video)]()
Paris Air Show: Test pilot talks CH-53K (video)
While the CH-53K was not present at this year's Paris Air Show, Shephard had the opportunity to speak with Lt Col Jonathan Morel, CH-53K government chief …
-
![Paris Air Show: Anka on path to commercial market]()
Paris Air Show: Anka on path to commercial market
While Turkish Aerospace Industries (TAI) showcased the weaponised version of its Anka UAV at the Paris Air Show the company said that it is also …
-
![Paris Air Show: Le Bourget under air defence ‘bubble’ (video)]()
Paris Air Show: Le Bourget under air defence ‘bubble’ (video)
While most visitors at this year’s Paris Air Show were concerned with applying enough sun protection, the French Air Force had another more pressing concern; …
-
![Paris Air Show: T-100 on top form (video)]()
Paris Air Show: T-100 on top form (video)
Of all the companies present at this year's Paris Air Show, Leonardo was the only one to bring its offering for the US Air Force's …
