Aerospace Industry: Research

Department for Business, Energy and Industrial Strategy written question – answered on 17th September 2020.

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Photo of Lord Jones Lord Jones Labour

To ask Her Majesty's Government how much they provided in research and development grants to the aerospace industry in (1) 2018, and (2) 2019.

Photo of Lord Jones Lord Jones Labour

To ask Her Majesty's Government what amount of research and development grants for the aerospace industry are earmarked for (1) 2020, and (2) 2021.

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

The Government and industry have made a joint commitment to invest £3.9 billion in aerospace research and development (R&D) from 2013 to 2026. The Government’s share of the £1.95 billion is managed through the Aerospace Technology Institute Programme. An annual breakdown of expenditure and budgets for the years requested is set out in the table below:

Fiscal Year

Expenditure (£m)

Allocated Budget (£m)

2018/19

140

154

2019/20

149

150

2020/21

N/A

150

The aerospace industry is also supported through the Industrial Strategy Challenge Fund (ISCF). Around £60 million was allocated to a suite of high-value manufacturing aerospace projects in 2017, and aerospace companies are eligible for the current ISCF challenges, such as the Future Flight Challenge (£125 million) and Driving the Electric Revolution (£80 million).

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