Thousands of jobs are set to be supported across the UK as the UK Prime Minister supports the aerospace industry with £975 million over the next five years for the growth sector.
In a boost for aerospace centres in places like Broughton, Filton and Derby, the Government has extended the Aerospace Technology Institute (ATI) Programme. The extension will speed up innovation, create job opportunities and support an industry that is a source of pride for communities across Britain.
“From modern aircraft engines to helicopters, the UK’s aerospace industry is truly world-class,” Prime Minister Keir Starmer said.
“The UK is at the forefront of cutting-edge aerospace industry, and by accelerating our investment we will unlock the tech of the future and take a crucial step forward in our mission to deliver growth and opportunity across our country.”
The government’s investment aims to provide the industry with long-term confidence in the UK as a place to in turn invest in cutting-edge aerospace technology and help extend the UK’s place in wings and engine manufacturing, whilst working to deliver zero-emission flights.
Bidding for the funding will open in January, with projects expected to begin from the Autumn.
Aerospace will also be at the heart of the government’s Industrial Strategy, while also having an important global role in achieving our Net Zero targets and defence, with the RAF and Royal Navy both relying on its technology. Aerospace will also be at the heart of the government’s Industrial Strategy, while also having an important global role in achieving our Net Zero targets and defence, with the RAF and Royal Navy both relying on its technology.
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“Our world-class aerospace sector added almost £40 billion to the economy last year, supporting high-skilled jobs in every part of the UK,” business and trade secretary Jonathan Reynolds said.
“Backing the sector with this funding will ensure the UK can continue to pioneer new technologies, all while delivering the economic growth that will be felt in communities across the country.”





