Aerospace industry sees productivity rise by 19% in eight years

Posted on 30 Apr 2018 by Jonny Williamson

The AGP, a strategic partnership between government and industry to support innovation and growth, has helped aerospace productivity rise by 19% since 2010, compared to 3% in the UK economy as a whole.

UK suppliers in the aerospace industry play a big part in Airbus’ success – image courtesy of Depositphotos.

Senior leaders of the aerospace industry gathered with government representatives and SMEs from across the UK aerospace sector at the “Supply Chain of the Future” event to discuss opportunities and challenges in the sector.

The event aimed to help supply chain companies work more effectively with the sector’s largest manufacturers, develop new technology, and ensure continued improvements in efficiency and productivity.

Tom Williams CBE, Chief Operating Officer of Airbus Commercial aircraft, said: “UK suppliers play a big part in Airbus’ success. ‎Helping suppliers raise productivity to meet future demand is vital to maximising opportunities for the‎ UK aerospace sector and Airbus.

“Today’s conference has brought together our suppliers, academia and partners from across the UK with a joint vision of working together to develop new approaches to meet our shared challenges.”

ADS Chief Executive Paul Everitt said: “Supporting the continued development of the UK supply chain is vital for the future of the aerospace industry and the wider economy.

“For the UK to continue to be competitive on the world stage, suppliers need to be agile, invest in their own capability and work in close long-term partnerships with major customers.

“The Aerospace Growth Partnership is providing important help for supply chain companies to improve their global competitiveness and increase their investment in research, innovation and new technology.”

The event heard presentations from participants including Airbus, Rolls Royce, the Aerospace Technology Institute (ATI), BMW, the High Value Manufacturing Catapult, Sharing in Growth and ADS.

Get insights like this delivered straight to your inbox

5 Digital Briefings | 5 Front-of-Mind Topics | 5 Days a Week

  • Monday: Manufacturing Innovation
  • Tuesday: Manufacturing Leadership
  • Wednesday: Digital Transformation
  • Thursday: Industrial Automation
  • Friday: Industrial Internet

Sign up for free here.