UK retains No.2 spot as world defence exporter
UK defence exports were down £400 million to £5.4 billion in 2011, according to the UK Trade & Investment Defence & Security Organisation (UKTI DSO).
However, with a 15% market share the UK is still the world’s second largest defence exporter ahead of Russia and France. The US has the lion’s share with 35% of the market.
In encouraging news UKTI DSO reported that although defence exports were slightly down, security exports were up £600 million (30%) to £...
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