How big is the UK Defense Market?

The UK Defense Market size is expected to reach USD 64.55 billion in 2024 and grow at a CAGR of 3.12% to reach USD 75.27 billion by 2029. Read More

What is the current UK Defense Market size?

In 2024, the UK Defense Market size is expected to reach USD 64.55 billion. Read More

Who are the key players in UK Defense Market?

Lockheed Martin Corporation, Airbus SE, BAE Systems plc, Leonardo S.p.A. and THALES are the major companies operating in the UK Defense Market. Read More

What years does this UK Defense Market cover, and what was the market size in 2023?

In 2023, the UK Defense Market size was estimated at USD 62.54 billion. The report covers the UK Defense Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the UK Defense Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the future trends expected in the UK Defense Market?

Future trends that are expected in the United Kingdom Defense Market are a) Increased investment in AI and cybersecurity b) Adoption of unmanned systems c) Focusing on sustainability in defense operations Read More

UK Defense Companies - Top Company List

UK Defense Top Companies

UK Defense Market

Top 5 UK Defense Companies

Lockheed Martin Corporation
Airbus SE
BAE Systems plc
Leonardo S.p.A.
THALES

Source: Mordor Intelligence

*Top companies in "UK Defense Market" based on their market share in 2024, sorted in no particular order

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Top 5 UK Defense Companies

Global Overview	Operations in this Market	Strengths	Strategies & Outlook
Lockheed Martin Corporation
A leading global security and aerospace company.	Supplies advanced technology systems and services to the UK military.	Strong R&D capabilities and extensive global presence.	Focus on innovation in defense technology and strategic partnerships with UK defense agencies.
Airbus SE
A global leader in aeronautics, space, and related services.	Provides aerospace and defense solutions, including aircraft and satellites.	Diverse product portfolio and strong market position.	Expansion in space capabilities and investment in cutting-edge aerospace technologies.
BAE Systems plc
One of the world's largest defense contractors.	Extensive operations in naval, land, air, and cyber defense sectors.	Comprehensive defense solutions and strong UK presence.	Focus on digital transformation and enhancing cybersecurity offerings.
Leonardo S.p.A.
An Italian multinational specializing in aerospace, defense, and security.	Supplies a wide range of defense equipment and systems to the UK.	Advanced technology and robust product range.	Investment in next-gen technologies and strengthening UK-based operations.
THALES
A global technology leader in aerospace, transport, and defense.	Provides secure communications and defense electronics to UK defense sector.	Expertise in defense electronics and cybersecurity.	Focus on enhancing cybersecurity solutions and expanding digital capabilities in defense.

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Other Top UK Defense Companies

Global Overview	Operations in this Market	Strengths	Strategies & Outlook
RTX Corporation
A major aerospace and defense company providing advanced systems and services.	Supplies advanced defense technologies and integrated solutions.	Strong technological expertise and innovation.	Focus on integrating advanced systems and enhancing global defense collaborations.
Babcock International Group PLC
A leading provider of engineering support services.	Offers naval and land defense support services in the UK.	Expertise in engineering and support services.	Expansion in defense support services and enhancement of engineering capabilities.
MBDA
A European developer and manufacturer of missile systems.	Provides advanced missile systems to the UK armed forces.	Leading missile technology and innovation.	Investment in new missile technologies and strengthening defense partnerships.
QinetiQ Group plc
A UK-based defense technology company.	Specializes in defense technology and security systems.	Strong R&D and technology innovation.	Focus on innovation in defense technology and expanding security solutions.
Cobham Ultra SeniorCo S.à r.l.
Specializes in the design and manufacture of advanced defense and aerospace systems.	Supplies advanced electronic warfare and communication systems.	Expertise in electronic warfare and communication.	Enhancing electronic warfare capabilities and expanding product offerings in defense.
Northrop Grumman Corporation
A leading global security company.	Provides a wide range of defense systems and solutions to the UK market.	Advanced technology and diverse defense solutions.	Focus on integrating advanced defense systems and strengthening global security collaborations.
L3Harris Technologies Inc.
A global aerospace and defense technology innovator.	Supplies advanced defense electronics and communications systems.	Strong innovation and technology integration.	Expansion in defense communications and enhancement of electronic warfare solutions.
The Boeing Company
A global leader in aerospace and defense.	Provides aerospace and defense solutions including aircraft and satellites.	Comprehensive aerospace and defense portfolio.	Focus on aerospace innovation and strengthening defense technology partnerships.
General Dynamics Corporation
A global aerospace and defense company.	Supplies advanced defense systems and solutions to the UK.	Strong technological capabilities and diverse offerings.	Investment in advanced defense systems and enhancing global market presence.
HENSOLDT AG
A leading provider of sensor solutions for defense and security applications.	Offers advanced sensor solutions to the UK defense market.	Expertise in sensor technology and innovation.	Focus on expanding sensor technologies and enhancing security solutions in defense.

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Competitive Analysis of Best Companies in UK Defense Market

Dominant Players and Market Nature: The UK defense market is primarily dominated by a mix of global conglomerates and specialized local players. The market is fairly fragmented, with numerous companies contributing to a diverse range of defense solutions and technologies.
Major Players and Characteristics: Key players in the UK defense market include Lockheed Martin Corporation, Airbus SE, BAE Systems plc, Leonardo S.p.A., and THALES. These companies are characterized by their extensive portfolios, global reach, and significant investment in innovation and research.
Market Trends and New Entrants: Current trends in the UK defense market focus on advancements in cybersecurity, autonomous systems, and advanced materials. To disrupt this market, new entrants will need to offer cutting-edge technologies and form strategic partnerships with established companies.

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