Opportunities in the aero industry supply chain

As the world’s second-largest aerospace sector and one that has continued to grow throughout the most recent recession, according to government statistics, the 
UK’s defence and civilian aerospace industry annually contributes £24bn 
to the UK economy.

All this potential is good news for current and future aerospace engineers. While the industry is doing well on its own, the British government has sought to support and boost current success in order to maintain the industry’s global position. A good example of an initiative developed though this collaboration is the 2012 Aerospace Growth Partnership (AGP), where government and industry are working together to secure the future of UK aerospace for the next 15 years and beyond through schemes such as the establishment 
of a virtual UK Aerodynamics Centre to foster innovation.

Last year also saw the announcement of £2bn in government funding to both support jobs and create a UK Aerospace Technology Institute (ATI), allowing industry and academic researchers to develop the next generation of quieter, more energy-efficient aircraft.