Department for Business, Energy & Industrial Strategy
Aerospace investment to take-off following US Trade Mission
34 UK aerospace companies to meet with Boeing in Seattle as part of government plans to boost global trade and investment
Boeing yesterday (Wednesday, September 25) welcomed a delegation of 34 UK aerospace suppliers to the Boeing Future of Flight Museum in Seattle as part of the company’s initiative to integrate more UK products and services into its supply chain.
Boeing’s long-term partnership with the UK Government has seen the aerospace giant commit to doubling its presence in the UK, increase bidding opportunities for UK companies for Boeing work, and boost R&D opportunities.
The aerospace sector is one of the UK’s most open and international industries and the Government is backing this delegation to increase ties between both US & UK aviation communities.
The UK’s aerospace industry turned over £39 billion last year, the vast majority of which was exported, which is why the sector plays a major part in the government’s global trade promotion work.
The event is supported by the Department for International Trade (DIT), the Ministry of Defence (MOD), the Department for Business, Energy & Industrial Strategy (BEIS) and supported by the Aerospace Technology Institute (ATI) and will showcase British expertise in advanced engineering and its thriving digital sector.
President of Boeing Europe and Managing Director of Boeing UK and Ireland, Sir Martin Donnelly yesterday said:
Boeing recognises the UK as a world leader in the aerospace sector. We are proud of our close partnership with business and universities across the UK, and our partnership with Britain’s superb armed forces. Boeing is growing in the UK, and we are looking for ways to develop further our presence here as a key part of Boeing’s global supply chain.
Minister for Investment, Graham Stuart yesterday said:
British aerospace companies lead Europe and use the UK’s unique science base to deliver world class solutions. With expertise in complex products such as engines, wings, aerostructures and advanced systems the sector is overwhelmingly export oriented and attracts significant inward investment into the UK.
DIT is proud to lead and facilitate trade missions such as this one to Boeing where UK companies can demonstrate their expertise, build relationships and seek to join one of the most demanding supply chains. Exports from and inward investment to the UK are at their highest ever levels and help sustain our position as the leading destination in Europe for foreign direct investment and a world leader in technology and its application.
This trade delegation comes as the Royal Air Force Aerobatic Team, the Red Arrows, touch down in Seattle on Monday 23 September as part of their 2019 North American tour. The day-long programme will be aimed at supporting trade and investment between the UK and the US, and STEM education.
U.K. suppliers part of the delegation include:
- ASG Aerospace
- Advanced Innovative Engineering (Uk) Ltd
- Bombardier (UK)
- Causeway Aero
- CCP Gransden
- Collins Aerospace Motors & Controls (UK)
- Eaton (UK)
- Gardner Aerospace
- GE Aviation (UK)
- Heroux Devtek
- JW Kane Precision Engineering
- Martins Rubber
- MSB Group
- Poeton Industries
- Safran Landing Systems
- Senior Aerospace BWT
- Smiths Harlow
- Southbourne Rubber
- Spirit Aerosystems (UK)
- Thales UK
Latest News from
Department for Business, Energy & Industrial Strategy
Business Secretary appeals to everyone to stay calm and carry on the good work06/04/2020 13:10:00
Business Secretary, Alok Sharma, yesterday wrote for The Sun on Sunday thanking workers and businesses for their support during the coronavirus pandemic.
£20 million for ambitious technologies to build UK resilience following coronavirus outbreak03/04/2020 15:15:00
Businesses to help boost the UK’s resilience to the long-term impact of coronavirus and similar future situations as a result of £20 million government funding.
COP26 postponement02/04/2020 14:20:10
The COP26 UN climate change conference set to take place in Glasgow in November has been postponed due to COVID-19.
Business Secretary's statement on coronavirus (COVID-19): 1 April 202002/04/2020 10:14:10
Business Secretary Alok Sharma gave the 1 April 2020 daily press briefing on the government's response to the COVID-19 pandemic.
National Minimum and Living Wage increases come into effect02/04/2020 08:10:00
The 2020 National Living Wage came into effect yesterday (Wednesday 1 April), a 6.2% increase on the previous rate.
High street benefits from £22 billion grants and business rates package01/04/2020 13:12:00
Today high streets begin to receive £22 billion coronavirus boost, with grants of up to £25,000 already being paid into bank accounts of high street businesses
Regulations temporarily suspended to fast-track supplies of PPE to NHS staff and protect companies hit by COVID-1930/03/2020 16:10:00
New measures announced recently (28 March 2020) will give vital support to frontline NHS staff battling COVID-19 and support businesses under pressure as a result of the coronavirus outbreak.
Rules on carrying over annual leave to be relaxed to support key industries during COVID-1930/03/2020 10:27:00
Workers who have not taken all of their statutory annual leave entitlement due to COVID-19 will now be able to carry it over into the next 2 leave years.