Typhoon remains “at heart of UK defence” despite claims production has stopped
Work on the Mk2 radar for the Eurofighter Typhoon is estimated to support more than 1,200 jobs in the UK, according to BAE Systems. (Photo: BAE Systems)
A new report published by advisory firm Oxford Economics has disclosed the impact of BAE Systems’ Air business, emphasising the importance of its work on combat aircraft such as the Typhoon fighter programme on the UK economy.
According to Oxford Economics, BAE Systems Air business contributed £5 billion (US$6.3 billion) to UK GDP in 2023, along with £2.6 billion in export revenue – a figure that has doubled since 2016 – and £220 million in tax revenues to the UK government. The company also supports more than 70,000 jobs in the UK.
The report’s publication followed a union letter written by Steven McGuinness to the
Already have an account? Log in
Want to keep reading this article?
More from Air Warfare
-
Kratos Defense makes European CCA push with Airbus partnership
Kratos’ XQ-58A Valkyrie will be equipped with an Airbus-made mission system to be offered as a ‘European’ collaborative combat aircraft option to the German Air Force.
-
“Gloves are off” as US Defense Secretary memo calls for sweeping drone procurement reform
US Secretary of Defense Pete Hegseth has promised to usher in a new era of “military drone dominance”.
-
Norway cleared for possible $2.6 billion HH-60W helicopter FMS
The possible sale for nine HH-60W by the US government could make Norway the first Foreign Military Sale customer for the rescue and combat helicopter and add to the country’s ongoing acquisition of Sikorsky-made helicopters.
-
National Audit Office report highlights major delays in UK’s F-35 programme
The report discloses that while the capability provided by the F-35 is superior to previous UK aircraft, delays from the UK Ministry of Defence on the programme have significantly impacted the country’s warfighting capabilities.