US EditionSpanish Defense and Aerospace Industry Squeezes the Military Boom with a Record 16,153 Million in Revenue
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6 Articles
"There were decades in which practically nothing happened, while now there are weeks that seem decades."The words of Ricardo Martí, president of the Spanish Association of Technology Companies of Defense, Security, Aeronautics and Space (TEDAE) stage the momentum that a sector has lived that has topped the story of administrations and companies last year in the heat of the escalation of geopolitical tensions and its pressing demand to raise mili…
The consolidated turnover of the industries represented by the Spanish Association of Technology Companies of Defense, Security, Aeronautics and Space (Tedae) grew by 16.2% in 2024, to 16,153 million euros. This figure exceeds, for the first time, figures prior to the pandemic. These levels also represent 2.3% of the total business figure of the Spanish industry, according to the report prepared by PwC for Tedae, which confirms the strength of t…
Madrid, Andalusia and the Basque Country are the communities with the greatest impact, concentrating about 80% of turnover and employment, although there is a significant presence in the rest of the territory.Data of employment generated by the sectorIn terms of employment, the total impact exceeds 260,000 jobs in 2024 – equivalent to 1.2% of national employment and 10% of Spanish industry–, of which 75,281 are direct jobs, 114,877 indirect (sup…
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lacronicabadajoz.comThe Spanish defence, security, aeronautics and space industry consolidated in 2024 its recovery after the years of pandemic, reaching a joint turnover of 16,153 million euros, representing an increase of 16.2% compared to 2023 and the best historical result for the sector, according to the report prepared by PwC for the Spanish Association of Technology Companies of Defense, Security, Aeronautics and Space (TEDAE).
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