The United Kingdom Defense Industry Outlook 2024 - 2028

See how the United Kingdom Defense performed compared to key markets such as the United States, China and Russia.

Key Market Indicators

British defence expenditure is projected to climb to $72.2 billion by 2028, up from $69.1 billion in 2023. This marks a steady annual growth rate of 0.7%. Since 1965, the UK's defence spending has surged by an average of 4.4% each year. In 2023, Britain ranked as the world's sixth-largest defence spender. Saudi Arabia surpassed the UK with a defence budget of $69.1 billion. Topping the list were China, Russia, and India, holding the second, third, and fourth positions respectively.

Latest reports

Defense in United Kingdom - 2024 Q4

The fourth quarter of 2024 sees the United Kingdom's defense sector navigating significant transformations driven by technological advancements, geopolitical shifts, and strategic collaborations....

United Kingdom Defense Market Data and Forecasts

United Kingdom Defense : how will it grow in the coming years?

Forecast: General Government Expenditures on Defence in the UK
Forecast: Military Expenditure in the UK
Forecast: Central Government Expenditures on Defence in the UK
Forecast: Central Government Expenditures on Defence in the UK
Forecast: Military Expenditure in the UK
Forecast: Arms Exports by the UK
Forecast: Weapons Imports in the UK
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