The UK security & resilience industry welcomed the launch of a new Security Export Strategy by International Trade Secretary Liz Truss at an event hosted by ADS at DSEI 2019 in London.
ADS Chief Executive Paul Everitt said:
“The UK’s security & resilience sector is now worth £13.3bn to our economy, and the Security Export Strategy launched today will help it to further increase this vital contribution.
“This industry exported goods and services worth £5.2bn last year to markets around the world, in areas including critical national infrastructure, policing and counter terrorism. We look forward to working with the Government on implementing this export strategy and helping hundreds of innovative UK companies in the sector to access new overseas opportunities.”
The ADS UK Security & Resilience Outlook 2019 published this week shows:
- The sector is worth £13.3bn in annual turnover, a 142 per cent rise since 2010.
- It now employs 114,000 people, with 3,000 apprentices.
- Exports have risen to £5.2bn, with cyber security the largest area at 40 per cent of exports, followed by capabilities including critical national infrastructure (23 per cent), services (16 per cent) and policing and counter terrorism (14 per cent).