The UK Defence Solutions Centre (UKDSC) is proud to launch the Joint Economic Data Hub’s (JEDHub) first Annual Economic Report measuring the economic impact of the defence sector on the wider national economy. The UK’s domestic defence sector is a strategic national capability. Assessing the sector’s economic impact was a key recommendation of Rt Hon Philip Dunne’s report in 2018 which led to the JEDHub being established within the UKDSC: a joint endeavour between the Government and the Defence Growth Partnership (DGP). Better, more granular economic data is needed to improve our understanding of the defence sector’s contribution to the UK economy and to help inform decision making. The publication of this first Annual Economic Report provides new insights into how the defence sector contributes to the prosperity of the UK and is an important deliverable from the Defence & Security Industrial Strategy.
We are incredibly grateful to all those who have supported this work, in particular all of the DGP companies and key members of their supply chains who responded to the survey. This report is an important starting point. We will continue to work with stakeholders to enhance the JEDHub’s capabilities and develop a deeper understanding of the defence sector’s contribution to the UK economy.
To read the first Annual Economic Report please click on the link www.jedhub.org