Aerospace & Defence
Aerospace & Defence News
Aerospace News, July 2018
Theresa May is to promise extra investment for the aerospace industry, just days after Airbus threatened to reduce its UK presence because of Brexit disruption. The prime minister will also say that her Brexit plan will secure millions of aviation jobs in Britain.
Read MoreAerospace News, June 2018
The developing trade war between the US and Europe over steel and aluminium tariffs is raising concerns in the aircraft leasing industry that tit-for-tat levies could spread to the booming aviation finance industry. Peter Barrett, chief executive of the fourth biggest leasing company, SMBC was entering new territory after the EU this week confirmed it […]
Read MoreAerospace News, June 2018
New processes for etching aluminium and titanium parts is helping a Shropshire manufacturer of precision photo etched metal components smash the £5m barrier for the first time in its history. Advanced Chemical Etching (A.C.E), which is located on Hortonwood in Telford, has seen sales soar by 20% over the last twelve months, with new […]
Read MoreDefence News, June 2018
A £60m nuclear submarine contract awarded by the Ministry of Defence is set to secure the jobs of 700 people at Rolls-Royce’s Derby plant. The MoD has said it is spending £960m on the second phase of construction for the UK’s four nuclear-armed Dreadnought submarines. £900m will got to BAE Systems, with the ‘remaining £60m […]
Read MoreAerospace News, May 2018
The University of Sheffield Advanced Manufacturing Research Centre (AMRC) and global aviation supplier GKN Aerospace have entered into a long-term partnership to work together on developing advanced technologies for the aerospace industry. The AMRC works closely with global leaders in the aerospace industry to develop innovative technology, manufacturing methods and techniques. The AMRC has signed […]
Read MoreAerospace News, April 2018
Rivals Airbus and Dassault Aviation have struck a deal to develop and produce Europe’s next generation of fighter aircraft. The two companies said their European Future Combat Air System (FCAS) would replace the existing planes by 2040. The French and German governments have yet to set out their exact requirements for the programme, which […]
Read MoreAerospace & Defence News, February 2018
In 2017, aircraft deliveries were worth up to £29bn to UK industry as manufacturers in this country and around the world again raised their production rates to set a new annual record. Both orders and deliveries in December provided an end of year surge that broke a series of industry records, according to figures from […]
Read MoreAerospace News, January 2018
European aerospace manufacturer Airbus has been forced to pay a large one-time pay-out for delays to its much-maligned A400M program. The company announced in its full-year 2017 report that it would have to make a payment of €1.3bn($1.4bn) in order to mitigate the “impact of the adaptions on schedule, capabilities and retrofit” for the aircraft. […]
Read MoreAerospace & Defence News, November 2017
Airbus has struck its biggest single deal with an order for 430 aircraft worth $49.5bn at list prices from US investment firm Indigo Partners. Indigo, whose interests include Europe’s Wizz Air, US-based Frontier, and Mexico’s Volaris, will buy Airbus’s A320neo family of aircraft. The order on the penultimate day of the Dubai Airshow comes […]
Read MoreAerospace & Defence News, November 2017
BAE Systems will not lead a consortium bidding to build Britain’s newest frigate, the first time in three decades that its shipyards have taken a-back-seat role on a new warship. The UK’s biggest defence company has instead struck an alliance with Birkenhead-based shipyard Cammell Laird to bid for the £1.25bn contract to build five […]
Read MoreAerospace & Defence News, October 2017
Some 750 workers at BAE Systems Warton and Salmesbury sites in Lancashire are to lose their jobs as a result of reduced demand for Eurofighter Typhoon where it is manufactured. The job cuts are among nearly 2,000 announced by the listed defence company. The Lancashire losses are among 1,400 to go from BAE’s military […]
Read MoreAerospace & Defence News – September 2017
Construction has begun on a multi-million pound manufacturing site in Sheffield which will produce 8,000 parts a year for the growing aviation industry. Boeing is investing around £40m in locating the company’s first European manufacturing facility on Sheffield Business Park. Boeing Sheffield will form part of the company’s global network of commercial aeroplanes fabrication […]
Read MoreAerospace & Defence News – July 2017
The Aerospace Technology Institute has created a framework using insights gathered from the sector to represent the possibilities digital technologies offer. Digital technologies and advances are becoming more important and its impact is beginning to be realised throughout UK aerospace. Digital transformation is driving change in many areas such as integrated supply chains to new […]
Read MoreAerospace & Defence News – May 2017
Derby-based Rolls-Royce and Kale Group, a major player in global and national defence and aerospace industries, have announced the formation of a joint venture company to target aero engine opportunities in Turkey. Kale Group will own 51% and Rolls-Royce 49% of the joint venture, which aims to develop aircraft engines for Turkey, initially targeting the […]
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