- £1.1 billion annual defence expenditure with industry in
Wales supporting 3,900 directly supported industry jobs.
- £340 defence spending per person across Wales as part of
Government's historic increase to 2.6% of GDP by 2027.
- Investment spans advanced manufacturing and cyber security
sectors from Anglesey to Cardiff.
Welsh communities are benefiting from significant defence
investment that is backing high-quality careers across the
nation, according to a new UK Defence Footprint
booklet which highlights the positive impact of defence
spending on the nations and regions of the UK.
The latest government figures highlight that Wales received £1.1
billion in defence spending in the last year alone, directly
supporting 3,900 Welsh jobs across a range of sectors. This
represents £340 in defence spending per person across Wales,
demonstrating the significant economic impact of the Government's
defence commitments on Welsh communities.
This substantial investment underpins the Government's historic
increase in defence spending to 2.6% of GDP by 2027, with an
ambition to reach 3% in the next Parliament. The commitment
reflects the Government's recognition that defence spending not
only keeps the nation secure but also serves as a powerful engine
for economic growth across all regions of the UK, delivering on
the Plan for Change.
Secretary of State for Wales said:
The defence industry is a vital part of the Welsh economy and
provides thousands of high-quality jobs across every part of the
country.
Each of the Ministry of Defence's top five suppliers has a
footprint here so Wales is well placed to benefit from
the UK Government's increase in defence spending.
Our number one mission is kickstarting economic growth and by
investing in the defence sector we are safeguarding our national
security, creating new jobs and putting more money in people's
pockets.
Minister for Defence Readiness and Industry, MP said:
Our record uplift in defence investment will ensure our forces
have the kit they need to fight, ensuring we are secure at home
and strong abroad.
By making defence an engine for growth across the country and
supporting the Government's Plan for Change, the defence dividend
is benefitting Welsh jobs, communities and businesses.
Wales' expertise in advanced manufacturing and cyber security
makes it an essential part of Britain's defence ecosystem,
delivering prosperity for communities across the country.
Wales' defence sector spans armoured vehicle production and
high-end drone manufacturing, with defence companies establishing
major operations from Anglesey to Cardiff. These investments are
creating opportunities across cutting-edge technology development
and supporting its growing reputation as a hub for defence
innovation.
The defence investment creates a ripple effect throughout the
Welsh economy, supporting not only direct employment but also
numerous supply chain businesses and local communities. From
advanced manufacturing and cyber security to research and
development, the sector provides opportunities for highly skilled
workers whilst demonstrating the industry's vital role in
supporting local families across Wales.