Wales’ £3.7 billion aerospace and defence industries are going from strength-to-strength, with around 285 companies now manufacturing in the country, the Welsh Government has revealed.
Whilst visiting the prestigious Paris Airshow, the Cabinet Secretary for Economy, Energy and Planning, Rebecca Evans, also reinforced the Welsh Government’s commitment to growing the closely integrated aerospace and defence sectors.
Combined, Wales’ aerospace and defence sectors support 16,000 jobs, with a turnover of more than £3.7 billion, and contributes around £1.5 billion in GVA to the Welsh economy.
Eight of the world's top eleven global aerospace and defence companies maintain significant operations in Wales, including: Airbus, RTX (formerly Raytheon), General Dynamics, GE Aerospace, BAE Systems, Safran, Rolls Royce and Thales.
The Welsh Government is working to ensure that Wales benefits from the additional expenditure in the defence sector, recently attending DSEI in Japan and soon to be taking a delegation of companies to DSEI in London in September.
For further information please select the following link: Welsh show of strength at Paris Airshow | GOV.WALES