Launched at the end of 2024 by ADS’ Aerospace Export Focus Group and Achieving the Difference, the Global Aerospace Outlook (Download here) highlights critical trends and opportunities in the aerospace sector. Commenting on the report, Balaji Srimoolanathan, Director for Aerospace, Space and the Aerospace Growth Partnership commented:
“The Global Aerospace Outlook is designed to assist and guide your organisation’s ongoing contribution to the success of the global aerospace sector. I would like to thank the contributors of the Outlook, including Achieving the Difference and members of the ADS Aerospace Export Focus Group.”
Join us at this in-person event where we will hear from the authors of the 2024 Global Aerospace Outlook report, and other key stakeholders including the Department for Business and Trade Aerospace Export Team, who will tell us more about current and future export opportunities for UK suppliers.
The ADS Aerospace Export Focus Group produces the Global Aerospace Outlook every two years, with the goal of identifying major opportunities for UK aerospace companies in international markets. Priorities have been identified in the commercial aircraft, military aircraft, and rotary wing sectors, and timelines developed that show the current status of each programme and which parts of the UK supply chain the opportunity exists for, along with a list of announced tier one and tier two suppliers to date.
Agenda
- 11:30 - Arrival and networking
- 12:00 - Welcome from ADS - Ed Raggett (Head of Aerospace and Space Business Development, ADS)
- 12:10 - Introduction to Aerospace Export Focus Group (AEFG) - Adam Lucas (Chairman - AEFG, ADS)
- 12:20 - Global Aerospace Outlook presentation and insights - Clive Lewis (Achieving the Difference LLP)
- 13:00 - Aerospace Export Opportunities - Department for Business and Trade, Aerospace Export Team
- 13:15 - Networking lunch
- 14:30 - Event end
UK Aerospace Export
The UK aerospace sector has continued to demonstrate robust growth and innovation, contributing significantly to the national economy and maintaining its position as a global leader in advanced manufacturing and technology.
In 2023, UK aerospace companies generated £30.5 billion in turnover, a growth of 7% over the last 10 years. This includes £20 billion achieved through exports. The industry is supported by 104,000 direct employees, of which 6,000 are apprentices. This has a combined contribution to the UK economy of £10.9 billion in Value Add.