-South West aerospace companies invited to attend to find out how investment could benefit them-
Representatives from aerospace businesses across the South West will today (Tuesday 2 July) gather to learn about the work of the joint Government and industry initiative, the Aerospace Growth Partnership (AGP). During the session, they will find out how the partnership could help them grow and win new business, at a prestigious event at the BAWA Club in Filton, Bristol.
The event, which is jointly hosted by West of England Aerospace Forum and aerospace trade organisation ADS, is the latest in a series of AGP road shows that will take place across the UK to brief companies on the £2 billion Aerospace Industrial Strategy and the recently announced National Aerospace Technology Exploitation Programme (NATEP).
Graham Chisnall, Deputy CEO and aerospace managing director commented: “2013 has been a really exciting year for the aerospace sector and we have seen huge strides forward. The civil aerospace industry is experiencing rapid growth due to the increase in passenger air traffic and the modernisation of existing fleets. This in turn creates significant opportunities for the South West supply chain. What’s important is making sure that the benefits of the hard work of the Aerospace Growth Partnership are felt by aerospace companies all over the UK, regardless of location or size.”
Barry Warburton, Chief Executive of the West of England Aerospace Forum said: "The AGP has resulted in the creation of the Aerospace Technology Institute backed by £2 billion provided by Government and the industry over seven years. It will support the development of technologies that will ensure the UK maintains it position at the forefront of aerospace in the world market. This, coupled with the National Aerospace Technology Exploitation Programme, designed to support innovation within the supply chain, demonstrates the effectiveness of the AGP process and long term commitment to this vital industry sector."
In March this year the UK Government and Industry published the joint UK Aerospace Industrial Strategy along with a joint £2 billion, seven year fund for an Aerospace Technology Institute. The strategy, aimed at promoting long-term growth and boosting the number of high-value jobs in aerospace, will enable the industry to foster innovative technologies, develop new manufacturing processes and a robust supply chain.