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British Defense Exports Show Largest Increase In Five Years In 2012

New figures published by the U.K. Trade and Investment’s Defense and Security Organization (UKTI DSTO) show that United Kingdom defense exports totaled approximately $13.6 billion over the past year, a rise of 62 percent from 2011 in a global market that grew by 45 percent. The U.K. thus retains its No. 2 position behind the United States. Orders contributing to the strong results included the Typhoon and Hawk aircraft.  The Typhoon program alone supports an estimated 8,600 jobs, the trade…

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