We know that with the right investments and technology, the defence industry can play a crucial role in driving innovation and manufacturing in the UK for the future. That’s why we’re already investing in both. In 2019, Raytheon Technologies spent approximately £44 million on research and development in the UK spanning areas such as cyber, airborne, global sensors and weapons. Through investment in these critical areas, we are delivering innovation and technological advancements that help to build new capabilities in the UK and reinforce its position on the world stage.
In 2021, we partnered with Make UK on a report titled “Defence: Opportunity, Resilience and Prosperity” which combined a series of SME round tables and economic research to look at how the value of defence manufacturing can be unlocked further for the UK. What we found was that the defence and aerospace sector is a leader in creating high-skilled, high-wage, productive jobs across the UK supply chain.