UK cements second place in global defence exports
UK defence and security exports have increased by £3.5bn to £11bn between 2011 and 2012, making it the second largest exporter behind the US.
According to figures released by the UK Trade & Investment (UKTI) Defence and Security Organisation (DSO) on 20 June this amount translates into a 17% share of the global defence market compared to the US which dominates nearly 50%.
Russia, France and Germany follow on closely behind the UK.
Speaking exclusively to Shephard, head of UKTI DSO, Richard Paniguian described how 2012 had been a ‘very good year indeed for defence and a good year
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