New Aerospace Sector Deal announced follows £10bn increase in deals

Posted on 6 Dec 2018 by The Manufacturer
The government is seeking aerospace companies that are aligned with the UK’s aerospace technology strategy - image courtesy of Depositphotos.

The government has announced a multi-million-pound Aerospace Sector Deal that builds on the UK’s excellence and heritage in aerospace, aims to transform the future of flight, through electrification and autonomy, and commits to increasing gender equality in the sector.

UK Aerospace achieved annual revenue growth of 7% over the last five years – image courtesy of Rolls Royce. The defence and aerospace industry recorded a £10bn increase in deals over the last 12 months, with the total deals valued at £31bn. The industry has achieved annual revenue growth of 7% over the…

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