The UK is home to a fast-growing space sector that benefits from our direct participation in ESA’s pan-European space programmes. The decision to increase the UK’s financial commitment to ESA during the next five years will generate and secure high-value jobs in this technologically advanced industry.
The big increase in orders seen in October signals a return of confidence to the market as airlines invest in modern, technologically advanced and fuel-efficient aircraft. While deliveries this year remain behind original predictions, we expect a return to record production rates in years ahead as manufacturers work to fulfil the more than 14,000 aircraft orders now placed.
Speaking today at security event Milipol Paris, ADS Director Hugo Rosemont outlines the experience and capability UK security companies can bring to the 2024 Paris Olympics, following the successful delivery of the London 2012 Olympic and Paralympic Games. We are ready to support Paris 2024, bringing strengths in venue security, command and control, as well as our fast-growing and internationally successful capabilities in data and cyber security.
We welcome today’s announcement. By guaranteeing existing security arrangements, assuring Cobham’s relationship with the Ministry of Defence and making sure the Government is notified of any future sale plans, Advent has made important commitments that will reassure employees, customers and suppliers.
Today ADS Chief Executive Paul Everitt spoke at the Shannon International Leasing Conference 2019 in Limerick. Covering a range of important issues for the aerospace industry, he set out the sector’s confidence for continued long-term growth, the importance of addressing environmental challenges and opportunities, and ADS priorities for the new UK Government after next month’s General Election.
The seventh annual Tomorrow’s Engineers Week, showcasing the wide range of UK careers available in engineering, and their importance to the national economy and society, begins today. Engineering offers a route for everyone into highly skilled, high value careers in our industries and others in every part of the UK.
ADS welcomes the announcement that Spirit AeroSystems will buy Bombardier's Belfast facility.
Five companies in the aerospace and defence supply chains have been awarded a Gold performance award, the highest level, as part of the 21st Century Supply Chains (SC21) Operational Excellence programme.
The third quarter of 2019 continued the slower than expected rate of aircraft deliveries, as the global aerospace market waits for factors affecting long-term growth in deliveries to be resolved. While global deliveries this year are slower than originally expected, there remains strong international demand for modern, fuel efficient aircraft and we expect record production rates to return in the years ahead.
Today the Home Office published its Counter Unmanned Aircraft Strategy. The strategy announced today by the Government rightly recognises the huge potential benefits of drone use to society and our national prosperity. We welcome the Government’s intention to share more information on threats and vulnerabilities to help focus and encourage investment.