The industrial partners in the Tempest project have stated the financial case for the future combat air system (FCAS), which they claim will support thousands of jobs and generate billions of pounds for the UK’s economy.
A conceptual image of the Tempest future fighter that the industrial participants say will support thousands of jobs and generate billions of pounds for the UK’s economy. (Leonardo)
Speaking to reporters on 15 October, representatives from the industry team developing the fighter and its associated capabilities said that an average of 20,000 jobs will be supported by the programme from 2026–50, and that the project will be worth at least GBP25.3 billion (USD32.8 billion) to the Treasury over the same time period.
“Along with meeting a major military requirement, the programme is expected to deliver significant benefits to the UK over its full lifetime. It will preserve sovereign capability whilst investing in highly skilled jobs, with a specific focus on young people, developing technology and infrastructure, and will support the wider economy and long-term prosperity of the UK,” Team Tempest leader BAE Systems said, adding, “There are currently 1,800 people employed across UK industry and the MoD, a number that is set to increase to 2,500 next year.”
Looking to read the full article?
Gain unlimited access to Janes news and more...