ADS's 2015 election manifesto – Invest for Growth – has highlighted key areas where it believes the next government should focus investment in order to ensure growth of these core industries.
ADS has called upon the next government to "build on the success of industrial strategies" by committing to continuity and ensuring they help set cross-government priorities.
Secondly, it said it wanted an incoming government to work with industry on the Strategic Defence & Security Review "to enhance the UK's capacity to respond to the rapidly evolving national security threat".
Thirdly, it demanded investment in industrial innovation with a specific call to double funding in this area by 2020. Finally it said there should be support for SME and midcap investment and growth, including reforming investment allowances to spur capital investment.
Paul Everitt, chief executive of ADS Group, said: "The UK's aerospace, defence, security and space sectors offer exciting growth opportunities. These globally competitive sectors are vital to our future as a high-tech, high-skill, high-wage economy. Investment is key to the UK's long-term success."
He added: "Our members want the UK to invest in innovation, skills and supply chains now so that we have the technology, people and capacity to take advantage of fast-growing global markets in the future."
