UK’s booming aerospace industry to expand further off the back of strong global opportunities

  • New report from Santander and manufacturing organisation EEF finds outlook for the UK aerospace industry remains bright, with order books backlogged at record levels
  • UK industry is hardwired into global supply chain – it is now the second-largest aerospace manufacturer in the world, behind the US, and fourth-largest exporter
  • Space tourism, demand for air travel in emerging markets such as China, and a focus on passenger luxury are key growth drivers

The UK’s aerospace industry will continue to flourish as a result of the increasing demand globally for high-quality UK manufactured aerospace products according to a new report1 from Santander and manufacturing organisation EEF. Continued growth in air travel, particularly in emerging economies, as well as demand for hi-tech parts for spacecraft, rockets and satellites is set to fuel growth in the sector.

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Prince of Wales given Royal welcome by BAE Systems

BAE Systems welcomed His Royal Highness, The Prince of Wales to its Submarines’ site in Barrow-in-Furness, Cumbria today. During his visit, His Royal Highness, who is also Admiral of the Fleet – the highest rank of the British Royal Navy, met with members of the Company’s highly-skilled workforce as he was shown its unique submarine design and build capabilities.

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