Calls from the aerospace sector for Government funding have fallen on deaf ears, it emerged this week.
Britain’s main aerospace industry body this week admitted that the Government would not provide any new money for aerospace research and development.
Gordon Page, president of the Society of British Aerospace Companies and the chief executive of Cobham, said on Wednesday that ‘despite making representations to Government which have been warmly welcomed, industry has so far not received a commitment to new funding for new research and technology acquisition’.
Last May the society called for up to £100m of Government research funding a year, to be matched by industry. Page reiterated the objectives of the Foresight aerospace panel’s Action Technology Demonstrator programme which called for this funding, but admitted that ‘under current conditions no new money is likely’.
Introducing the SBAC initiative called UK aerospace supporting the community, he said: ‘Supporting the community is about building competitive business for wealth and job creation, as well as making a broader contribution to the nation’s quality of life’.
Page said: ‘To get people off welfare and to build the necessary infrastructure of a civilised community, the UK needs a strong and healthy economy and of course aerospace makes a significant contribution to that economy.’