Manufactures the wings

BAE Systems plays a critical role in some of the world’s biggest defence aerospace projects. In the UK, the company makes large sections of the Typhoon Eurofighter and assembles the aircraft for the Royal Air Force. It is also a principal subcontractor on the F35 Joint Strike Fighter – the world’s largest single defence project – for which it designs and manufactures a range of components. It also manufactures the Hawk, the world’s most successful jet training aircraft.[273] Airbus UK also manufactures the wings for the A400 m military transporter. Rolls-Royce is the world’s second-largest aero-engine manufacturer. Its engines power more than 30 types of commercial aircraft and it has more than 30,000 engines in service in the civil and defence sectors.

The UK space industry was worth £9.1bn in 2011 and employed 29,000 people. It is growing at a rate of 7.5 per cent annually, according to its umbrella organisation, the UK Space Agency. In 2013, the British Government pledged £60 m to the Skylon project: this investment will provide support at a “crucial stage” to allow a full-scale prototype of the SABRE engine to be built.

The pharmaceutical industry plays an important role in the UK economy and the country has the third-highest share of global pharmaceutical R&D expenditures.[274][275]