Ungated Post | 17 Aug 2015
The impact of BAE Systems on the UK economy
In 2013, BAE Systems made a GDP contribution of £7.9 billion to the UK economy and sustained well over 122,000 FTE jobs, with a labor productivity more than twice that of the UK industry average. This report, produced by Oxford Economics, further explores the total economic footprint as well as the wider benefits produced by the UK’s largest defence, aerospace, and security company.
About BAE Systems
BAE Systems provides some of the world’s most advanced, technology-led defence, aerospace, and security solutions. Employing some 83,400 people in over 40 countries, BAE develops and manufactures products and systems to deliver military capability, protect national security, and keep critical information and infrastructure secure. To find out more, please visit: www.baesystems.com.
Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.
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Diantha Redd
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Aoife Pearson
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