Aerospace Industry: Government Assistance

Department for Business, Energy and Industrial Strategy written question – answered on 11th June 2020.

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Photo of Mohammad Yasin Mohammad Yasin Labour, Bedford

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will provide additional financial support to firms that are developing the next generation of low carbon aircraft.

Photo of Nadhim Zahawi Nadhim Zahawi Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

Technology and innovation are important for growing the UK’s aerospace sector. Through the Aerospace Growth Partnership, the Government and industry are investing a total of £3.9 billion from 2013 to 2026 in aerospace research and development. Funding is directed by the UK’s Aerospace Technology Strategy, which focuses on developing future aircraft while reducing the environmental impacts of aviation and raising the competitiveness of the UK sector.

We are also investing a further £300 million in the Future Flight Challenge, which provides funding to develop future air transport systems that will include electric and autonomous flight.

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