ADS reveals 2024 value of aerospace, defence, security and space to Scotland
Image courtesy ADS
The industries – explicitly recognised as Growth Sectors in the UK government’s Industrial Strategy – have also seen turnover in Scotland reach £9 billion, an increase of one third over five years.
The data from the representative body for the industry also highlights that employment has grown a fifth, with 36,900 people now directly employed in well-paid jobs across the industries in Scotland. Figures also demonstrate a strong pipeline of young talent across all four sectors, with 2,000 apprenticeships playing a crucial role within the workforce.
Employment in Scotland’s defence sector saw growth of two thirds in the five years to 2024, with 16,250 people now securing theirs and their family’s livelihoods through the industry.
Warrick Malcolm, Director of ADS Scotland commented: “The strategic importance of aerospace, defence, security and space to Scotland cannot be understated. Our sectors are not only economic drivers, but also key contributors to innovation, skills development, and regional prosperity.
“There is now a real opportunity to build on this momentum through the appropriate resourcing and support. It is vital that both governments provide the clarity and certainty needed to secure the long-term prosperity of our industries.”
Highly productive sectors fuel the Scottish Economy
Productivity – measured by the output per worker – of all of ADS’ sectors in Scotland now stands at £100k, growth of almost one third since 2020 and 49% higher than the UK average. According to the data, the aerospace sector alone saw a 93% productivity increase, with output per worker at £140,000.
While headline data outlines that turnover has increased one third over the past five years, so, too, has value to the economy. The defence and space sectors respectively now add £1.3 billion to the Scottish economy.
