Defense & Aerospace

BOEING ANNOUNCES PLANS FOR FURTHER INVESTMENT IN THE UK

Karveh Cavalieri
Wed, 14 Jun 2017
Email Author

In a recent statement, major Aircraft manufacturer Boeing set out plans for further growth within UK markets, as it plans to further increase spending with its British suppliers 1. With current investment figures recorded at around $2.1 billion, the announcement is being hailed as a very positive step for the British aerospace and defence sector.

The President of Boeing Europe, Sir Michael Arthur, said on the announcement, “In the years to come, Boeing is committed to growing our engagement in the UK, working together with our employees, customers, suppliers and partners.” 2

 

DEVELOPMENT OF AEROSPACE AND DEFENCE

 

At present, more than 140 Boeing products are in operation with the British Armed Forces, with a further 250 aircraft being used by UK airlines. The company itself directly employs 2,200 people in the UK, a figure that, much like the company’s UK spending, has risen drastically since the turn of the decade.

 

This increased investment follows a recent trend of expansion and growth for the aerospace and defence industry 3. In relation to this, one of the most pressing challenges facing the aerospace industry, is ensuring that product supply chains can meet increasing demands. Military and commercial aircraft supply chains need to be adapted, and enhanced, to allow for faster and more efficient technological production.

A key part of this adaptation, especially for the military, is the need to improve communications and networks between all organisations engaged within their supply chains. Increasing readiness, knowledge sharing, and collaboration between suppliers and buyers, will allow for greater efficiency and productivity within the supply chain, supporting the wider development of the sector.

RAF100

 

In line with these issues, Challenge Advisory & Sinclair Fox have partnered with the RAF to develop RAF100 Event. RAF100 will bring together innovative technologies and companies, to showcase their capabilities directly to the RAF and MOD. This two-day event is an opportunity to help the RAF celebrate 100 years of service, whilst also promoting the technologies and services that will keep the Air Force ahead in the next century.

 

The event will be creative, dynamic and interactive, helping to promote collaboration between the Air Force and innovative companies from around the globe.

 

To find out more about the event, and opportunities for getting involved, please follow the link below.

 

CLICK HERE FOR RAF100

 

Raf and MOD partners include: Boeing, Thales, Rolls Royce, Rockwell Collins, Raytheon UK, Pratt & Whitney, Lockheed Martin, KPMG, Northrop Grumman, Marshall, Martin-Baker, BAE Systems, and Airbus group.

 

Please email karveh@challenge.org if you would like to be involved in this event.

Military and commercial aircraft supply chains need to be adapted, and enhanced, to allow for faster and more efficient technological production