British minister reinforces defence export market
UK Minister for defence equipment, support and technology Peter Luff has emphasised the importance of the defence sector to the British economy thanks to its position as the world’s second largest exporter of defence products.
Speaking at the NDI Opportunities Conference in Bristol on 14 March, the minister described how the UK makes £6 billion per year in export defence sales.
‘Despite recent reports, defence is big business in the UK and will remain so. The industry is the second largest exporter in the world, with £6 billion sales per year,’ Luff said in a statement.
‘We are still finalising
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