UK aerospace suppliers secure more than £3.4bn in contracts

Posted on 17 Jan 2019 by Jonny Williamson

The industry-led productivity and competitiveness improvement programme, Sharing in Growth, has now helped UK aerospace suppliers win orders worth more than £3.4bn - almost a third of which was achieved in 2018.

The £3.4bn total is equivalent to 30,000 man years‘ work or securing 5,500 high-value UK aerospace jobs, according to Sharing in Growth. The programme, which is funded by private and public sector contributions, is so successful that it’s reportedly providing a 60:1 return on public investment, with most companies on the programme growing at five-times…

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