Today the Prime Minister has announced a new strategic partnership between Boeing and the UK, as well as nearly £400 million for new aerospace R&D projects, ensuring we remain a global aerospace industry leader.
Boeing has confirmed that the company will create 2,000 new jobs in the UK and increase their R&D spending. To ensure the UK’s continued position at the forefront of global aerospace, a further £365 million worth of aerospace R&D projects have been approved. These are jointly funded by industry and Government.