UK aerospace industry receives £2 billion investment

18 Apr 2013 02:36 PM

Government and industry pledge long-term partnership to support the domestic aerospace sector.

The aerospace industrial strategy sets out how the sector will continue to grow in the face of increasing global competition and to exploit rapid changes in technology.

The £2 billion funding announced on 18 March 2013 will be provided by government and the aerospace industry over a seven year period and help secure around 115,000 jobs.

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