The U.K. saw defense exports drop in 2011, but growth in security-related shipments helped offset those declines to keep total defense and security exports flat at £8 billion ($13 billion) year-on-year. The security business grew to £2.6 billion from £2 billion in 2010, with defense down £400 million to £5.4 billion. The numbers do not reflect a recent deal between Saudi Arabia and the U.K. for 48 more Eurofighter Typhoons. Although the government has made defense exports a priority, Stephen ...


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