Earlier this month, the government revealed plans to invest £154milion in aerospace research.
Deputy Prime Minister Nick Clegg announced the funding plans at the Farnborough International Air Show, stating:
“The UK’s aerospace industry is going from strength to strength and helping our economic recovery. We are the number 1 aerospace industry in Europe and second only to the United States globally… I want to ensure the UK remains at the cutting edge of aerospace innovation, which is why I am pleased to announce that we are investing £154 million for research to explore new technologies like the 3D printing of plane parts and creating lighter, greener aircraft… By working in partnership with business, we are building a stronger, more balanced economy, creating more jobs and sharing the wealth equally.”
The funds will be used principally in the following research areas, involving companies such as Airbus and Rolls Royce:
– Aircraft structure;
– Radios, Wifi and phone access.
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