A Government commitment of £345m in the November Budget would secure private sector investment of more than £600m for initiatives supporting supply chain companies in the aerospace, defence, automotive, rail and civil nuclear sectors. High value industries like aerospace and defence can boost prosperity throughout the UK in the years ahead.
The Government has today announce the appointment of Gavin Williamson as Secretary of State for Defence. ADS welcomes his appointment and looks forward to working with him.
Aircraft production hit a Q3 record, with 354 deliveries, worth up to £7bn to UK industry. A total of 1,018 have now been delivered this year, just nine behind 2016's record at the same point in the year.
The National Audit Office has today published its report "Improving value for money in non-competitive procurement of defence equipment". ADS wants to see a more collaborative approach to procurement from Government in future.
Reacting to the European Council’s agreement to start preparations for trade talks between the EU and the UK, ADS said progress towards the second phase of negotiations was welcome. However, businesses need to be given certainty as soon as possible on important issues, including the transition arrangements.
Airbus and Bombardier have announced a new partnership in the C-Series programme, which ADS has welcomed as positive news for the companies, the workforce and the supply chain.
ADS reaction to a trading update by BAE Systems, setting out re-organisation and rationalisation plans. The Government must support the defence sector to boost exports and put in place an ambitious defence sector deal.
ADS expressed disappointment at a second ruling from the US Department of Commerce against Bombardier, which imposed a further 80 per cent tariff on US imports of the company's C-Series.
The UK’s top students are being called upon to reach for the stars and compete in the UK’s largest youth rocket competition.
Deliveries in August took overall figures for the first eight months of 2017 to 644 single aisle aircraft and 241 widebodies, worth up to £17bn to UK industry.