
Aerospace delivers decade of ‘staggering’ growth
ADS Group’s latest annual report shows bullish growth across the aerospace, defence, security and space sectors, with aerospace, in particular, continuing to rebound strongly from the pandemic. These industries contributed £38.2bn in gross value add (GVA) to the UK economy, a sizeable increase from £37bn the previous year and almost 20% of total manufacturing GVA. Turnover rose to £88.4bn, up from £82bn, and exports to £38.7bn, compared to £36bn. Direct employment also experienced a sizeable uptick, reaching 427,500 jobs, up from 417,000. As uplifting as these year-on-year increases are, the true scale of expansion becomes more apparent when viewed over





