Minister reveals £14m boost for aerospace during Filton site tour
Published on: 12 Jan 2016
President and Chief Executive Officer of Airbus, Fabrice Bregier, joined the Business Secretary, Sajid Javid MP at the Airbus site in Filton to announce £14 million investment into aerospace research and technology.
Two projects will go forward thanks to the joint industry and government investment, supported by the Aerospace Technology Institute (ATI) and delivered by Innovate UK, which promotes research and development into new technology for the aircraft of the future.
One project will look at the manufacturing processes for the next generation of advanced aircraft wings, aimed at speeding up production while also reducing weight and costs, while the other will focus on new aircraft fuel and inerting systems to reduce maintenance and improve environmental efficiency.
Bristol-raised Mr Javid said: “Our aerospace sector is a real success story. This highly productive industry provides highly skilled jobs and is a key part of our long-term economic growth.
“That’s why we are extending our commitment to aerospace R&D by a further £900 million over the next 10 years. With industry’s commitment to match this funding, this will result in £3.9bn investment in aerospace R&D since 2013.”
Airbus CEO Fabrice Brégier said: “I would like to thank the government for recognising the importance of the sector.
“The UK is the world leader in wing and fuel system development for aircraft.
“This latest investment in new technologies will help secure this position for decades to come.
“I’m proud at the leading role Airbus is taking, which will ultimately transform the way we travel in the future.”
The two projects announced will be led by Airbus, but involve a number of other industry collaborators and the research will be carried out at a number of locations across the UK.
The ATI was created as part of a commitment agreed by the Aerospace Growth Partnership (AGP). Airbus is a key partner in the AGP which brings government and industry together.
Sajid Javid MP, right, accompanied by Airbus CEO Fabrice Bregier,
meets graduates Nicholas Rogers and Oliver McCambridge.