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The UK Defence Secretary Liam Fox said the Government strongly supported the defence industry which is the second biggest defence exporter in the world.
He was speaking at the opening of the UK’s DSEi arms fair in London. The biannual show attracted more than 20,000 visitors over three days, with 1,200 defence manufacturers showcasing equipment for land, naval, air and security divisions. Delegations from 65 countries have been invited.
“This British success story is not just about global prime contractors – it is about the small businesses who are world leaders in cutting-edge technologies – they are the lifeblood of the industry,” he said.
The defence industry employs more than 1,10,000 people across the whole country and generates more than £22 billion for the UK economy in 2010, according to ADS, the UK’s aerospace, defence and security organisation.