£250m for green aerospace projects ahead of Industrial Strategy
- Government announces over £250m joint industrial investment with industry for cutting-edge green aerospace tech projects at companies including Rolls-Royce, Airbus.
- Industry Minister announces latest win for UK aerospace at Paris Air Show in run-up to launch of Government’s modern Industrial Strategy, which will turbocharge growth in advanced manufacturing and defence.
- Announcement comes as new figures show UK aerospace sector supports 100,000 direct jobs and contributed £13.6bn to the economy in 2024, almost 50% up on 2014.
UK aerospace will be boosted by more than £250 million funding for cutting-edge aerospace tech projects to drive greener air travel, Industry Minister Sarah Jones will announce at the Paris Air Show…