Ungated Post | 23 Jul 2018

The impact of the BAE Systems military aircraft business on the UK economy

In 2016, the BAE Systems military aircraft business sustained nearly 48,900 jobs in the UK, supported a £3.2 billion contribution to GDP and made a total tax contribution of £900 million to the Exchequer.

Following the 2017 study on the contribution of BAE Systems to the UK economy, the company asked Oxford Economics to estimate the economic impact of one of its UK businesses. The report finds that in 2016 BAE Systems military aircraft business sustained nearly 48,900 jobs in the UK, supported a £3.2 billion contribution to GDP and a made total tax contribution of £900 million to the Exchequer. In addition, in 2016, the BAE Systems military aircraft business exported £1.3 billion worth of goods and services—equivalent to 0.2 percent of UK exports in that year.

Read the full report.

Our economic consulting team are world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques. Lead consultants on this project were:

Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.

To find out more about our capabilities, contact:

Americas
Diantha Redd
+1 (646) 503 3052
Email

Asia Pacific
Peter Suomi
+65 6850 0110
Email

EMEA
Aoife Pearson
+44 (0)203 910 8054
Email

Related Services

Post

Innovation Index: Are You Prepared to Shift from Survival to Growth?

Oxford Economics and NTT Data fielded a survey of 1,000 North American business and IT executives in 2022 to uncover future strategies to mitigate disruption.

Find Out More

Post

Reinventing for growth in a changing media landscape

Oxford Economics partnered with Accenture to survey 6,000 consumers around the world about their media and entertainment habits, experiences, and preferences.

Find Out More

Post

Data Center Impacts

Oxford Economics specializes in characterizing the impacts of data centers.

Find Out More