UK aerospace is Europe’s leading aerospace manufacturing nation, second only in the world to the United States. The sector supplies high-value, high-tech components for almost every major aircraft platform.
With close to 3,000 companies across the UK, our aerospace sector makes a significant contribution to the UK economy. In particular, it:
In 2010 the UK government, in partnership with the aerospace industry, created the Aerospace Growth Partnership. The partnership aims to:
Through the Aerospace Technology Institute, the UK government is funding research and development of 3.9 billion GBP to maintain the growth of the sector. Aerospace is an industry driven by technology. Providing a long-term commitment to the level and availability of funding gives industry the certainty it needs to invest in the UK and is critical in protecting the nation’s international competitiveness.
If you are thinking about investing in the UK, contact our investment services team about insights, connections and incentives.