58.The aerospace industry The UK's aerospace industry is the third largest in the world,producing the full range of aerospace products from civil and military aircrafts to missiles,satellites and jet engines. It produces 2 of the UK national output, accounting for 8%of manufactured export goods.58. The aerospace industry ◆ The UK's aerospace industry is the third largest in the world, producing the full range of aerospace products from civil and military aircrafts to missiles, satellites and jet engines. It produces 2 % of the UK national output, accounting for 8% of manufactured export goods