Government and Industry joint Strategy secures a £2Bn investment for Aerospace R&D

Government and industry announce a joint R&D investment of more that £2 billion over the next seven years.

This long term investment will be overseen by a new Aerospace Technology Institute – an industry-led body that will bring a national, single focus to research and facilities in the sector.

The AAD KTN as the custodian of the UK's Aerospace Technology Strategy and coordinator of the Technology Roadmaps, has played a key role in supporting the Technology Working Group of the Aerospace Growth Partnership over the past 2 years. The announcements today are a pivotal point in time that will enable long term decisions for UK based technology developments securing the industry's market share going forwards.

This is an incredibly exciting day, and time, to be in Aerospace and hope that the members of the AAD KTN are equally bowled over by today's announcements. We look forward to working with you over the coming weeks, months and years as this all takes shape.

Lifting Off: Implementing the Strategic Vision for UK Aerospace – setting out a shared government and industry vision for the sector Read 'Lifting Off' here.

For more information regarding Government policy on this and other industry strategies follow the link to the Department for Business Innovation and Skills.

Want to know more about the Aerospace Growth Partnership then click for FAQ answers.