Displaying 286 - 300 of 532 results
Defence Secretary announces Baseline Profit Rate
Defence Secretary announces Baseline Profit Rate
Defence Secretary Gavin Williamson today announced a rise in the baseline profit rate for single source defence contracts to 7.63 per cent. ADS Chief Executive Paul Everitt said: “Despite today’s announcement, there is continuing concern the baseline profit rate does not reflect the commercial, technological and delivery risks associated with some of the UK’s most significant defence procurement programmes."
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ADS Reaction to MPs Vote on No Deal
ADS Reaction to MPs Vote on No Deal
ADS Chief Executive Paul Everitt said: "UK industry is increasingly frustrated by Government and Parliament’s inability to settle our long-term relationship with the European Union. Nothing that has happened tonight allows businesses to halt their No Deal planning and the increasing costs associated with it."
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Response to Government Defeat over Withdrawal Agreement
Response to Government Defeat over Withdrawal Agreement
Following today’s rejection by MPs of the proposed Withdrawal Agreement, ADS Chief Executive Paul Everitt said: "The result of tonight’s vote is extremely disappointing. This deepening political crisis is causing real damage to UK industry."
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Update on the Farnborough International Airshow 2020
Update on the Farnborough International Airshow 2020
ADS Chief Executive Paul Everitt provides an update for members on the Farnborough International Airshow 2020.
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Safetyflex Barriers Win 2019 ADS Security Innovation Award
Safetyflex Barriers Win 2019 ADS Security Innovation Award
Alan Pratt, Chief Security, Science and Innovation Officer, Home Office, presented the 14th annual ADS Security Innovation Award to Safetyflex Barriers on the opening day of Security & Policing 2019 in Farnborough.
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Government Commits to Parliamentary Vote on No Deal
Government Commits to Parliamentary Vote on No Deal
In response to the Prime Minister's announcement of potential Parliamentary votes on No Deal and on extending Article 50, Paul Everitt said the Government must act with urgency to rule out No Deal.
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Single-Aisle Aircraft deliveries boosted but UK faces production challenge
Single-Aisle Aircraft deliveries boosted but UK faces production challenge
Global aircraft deliveries expected to continue to rise for 2019, by an estimated 10.5 per cent on 2018 total of 1,618
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Continued delay is turning the UK’s political failure into a full-blown economic crisis
Continued delay is turning the UK’s political failure into a full-blown economic crisis
ADS Chief Executive Paul Everitt comments on a further delay to a meaningful vote on the Brexit deal.
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Airbus Announces A380 Programme Will End in 2021
Airbus Announces A380 Programme Will End in 2021
Airbus’s announcement that is will end deliveries of the A380 in 2021 is a sad day for those who have worked on this landmark programme. However, the 70 new orders placed by Emirates for A330 and A350 widebody aircraft are welcome and show the continuing international demand for modern, technologically advanced and fuel efficient aircraft.
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Production Data Shows First Fall for UK Aerospace in Four Years
Production Data Shows First Fall for UK Aerospace in Four Years
The UK aerospace sector recorded an annual fall of 3.9 per cent overall, only the second year of declining output in the sector since the 2008 recession. ADS Chief Executive Paul Everitt said: "The real impact of Brexit uncertainty is now becoming all too clear – falling UK aerospace production, despite increasing global demand and a highly supportive national industrial strategy."
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MOD Equipment Plan affordability gap criticised by Commons committee
MOD Equipment Plan affordability gap criticised by Commons committee
The PAC reports on the affordability gap faced by the MOD in delivering its Equipment Plan. ADS calls on Government to make sure the MOD has the resources it needs and take a longer-term approach to budgeting.
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Survey finds UK space sector continuing to grow
Survey finds UK space sector continuing to grow
The UK Space Agency today published findings from its 2018 survey of the size and health of the UK space sector. These figures show UK space sector growth has accelerated, recording 4.5 per cent in 2016/17, more than double the rate of the previous year.
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Global Growth Delivers New Aircraft Production Record
Global Growth Delivers New Aircraft Production Record
Global manufacturers achieve a new annual record in 2018 for the eighth consecutive year, with 1,618 aircraft delivered, an increase of 120 from 2017.
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Airbus Chief Executive Tom Enders warns against no deal dangers
Airbus Chief Executive Tom Enders warns against no deal dangers
Today Airbus Chief Executive Tom Enders has today warned that the company "could be forced to re-direct future investments in the event of a no-deal Brexit." Commenting on Radio 4's Today Programme this morning, ADS Chief Executive Paul Everitt said: "The message Tom Enders is delivering has been repeated consistently by the overwhelming majority of businesses in our sectors and others."
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ADS Responds to Parliament's Meaningful Vote
ADS Responds to Parliament's Meaningful Vote
We are disappointed that Parliament has chosen to reject the Withdrawal Agreement and Political Declaration. Government and Parliament should now work together to build a consensus on our future relationship with the EU.
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