Aerospace firms win government funding

2 mins read

The Department for Business, Innovation and Skills has announced the latest winners of its Advanced Manufacturing Supply Chain Initiative (AMSCI). Of the twenty supply chain projects from around the UK to benefit, eight are in the aerospace sector and they look set to receive £18.3 million in grants and loans.

The AMSCI was launched by the Government in 2013 as a way to encourage growth and jobs. Paul Everitt, chief executive of ADS, said: "With an annual turnover of £28bn, and well-paid employment for thousands of people across the country, aerospace is a UK success story. The projects that will benefit from this funding are exciting and highly innovative, something that is vital for strengthening our competitive advantage and growing the sector."

  • Triumph Actuation Systems in Bishops Cleeve, Gloucestershire receives a grant of £1.8m as part of a £9.9m project it is leading with Group HES. This project will develop the next generation of aerospace components in a purpose-built facility, creating up to 56 jobs and safeguarding 117 jobs.
  • Aircelle in Burnley receives a grant of £4.6m as part of a £12.3m project it is leading with Composites Integration and the University of Nottingham. This project will create a UK nacelle structure centre of excellence at Burnley. It will create up to 26 jobs and safeguard 449 jobs.
  • Impression Technologies in Solihull receives a £650k grant and £1.4m loan as part of a £5.4m project it is leading with PAB Coventry. This project will bring a new UK developed and patented technology to production, enabling the manufacturing of high-strength, complex aluminium panels for automotive, aerospace and rail components. It will create up to 44 jobs and safeguard 15 jobs.
  • Rockwell Collins in Reading receives a £2.4m grant as part of a £10.1m project it is leading with University of Nottingham and Forsburg Services. The project will ensure that new GPS products for the defence sector are developed in the UK rather than overseas. It will create up to 25 jobs and safeguard 71 jobs.
  • AC Marine & Composites in Hampshire will receives a £450k grant and £1.1m loan as part of a £2.3m project it is leading with the National Composites Centre. This project will enable the large volume production of composite turbine blades in England. It will create up to 53 jobs and safeguard four jobs.
  • Oxsensis in Oxford receives a grant of £1.2m and £1m loan as part of a £3.2m project it is leading with Parker Hannafin Manufacturing and Optek. This will build a UK supply chain in optical sensor systems for the aerospace sector. It will create up to 52 jobs and safeguard 18 jobs.
  • Sigma Precision Components UK in Leicestershire will receive a £300k loan and £700k grant as part of a £1.6m project it is leading with University of Manchester. The project will improve the performance and competitiveness of composite drive shafts used in the aerospace and automotive sectors. It will create up to 39 jobs and safeguard four jobs.
  • LPW in Runcorn receives a grant of £4.2m and £1m loan as part of a £13.2m project it is leading with TWI to develop new clean powders for additive manufacturing and undertake a programme of targeted knowledge sharing and training. It will create up to 137 jobs and safeguard 20 jobs.