in Aerospace / Defence

Boeing triples UK supply chain direct spending to £2.1bn

Posted 12 June 2017 · Add Comment

Boeing today reports that its direct spending with UK suppliers has tripled over the last six years to £2.1 billion, supporting an estimated 16,500 jobs in the tier one UK supply chain, a rise of 80% over the same period.

Direct Boeing employment to support local airline, military and security customers has doubled since 2011, to 2,200.  The company continues to grow, recruiting on average a new employee per day.

“The partnership between the UK and Boeing is one of mutual benefit, driving economic growth and prosperity for both the UK and the US,” said Sir Michael Arthur (right), president of Boeing Europe and managing director of Boeing UK and Ireland. “Since 2011 Boeing has tripled its direct spending with UK suppliers and doubled the company’s UK workforce to meet the needs of local airline, military and security customers. In the years to come, Boeing is committed to growing our engagement in the UK, working together with our employees, customers, suppliers and partners.  Boeing continues to find significant talent and supply chain capability, a strong market and world-class partners in the UK.”

Additional growth is planned in the years to come.  In the past year Boeing has announced plans for its first European manufacturing plant in Sheffield, a commercial aviation maintenance hangar at Gatwick airport and the company is working with the Ministry of Defence on plans for a Royal Air Force P-8A Poseidon facility at RAF Lossiemouth in Scotland.  Together, these developments will create an additional several hundred jobs in the UK at Boeing, the company’s partners and in the supply chain.

This additional growth and expenditure continues progress on the UK Government-Boeing prosperity initiative announced in July 2016, with more to follow in the future. 


 
Source: Oxford Economics 2015 & Boeing 2011-2017

Boeing employs more than 2,200 people across the UK at numerous sites, from Glasgow to Gosport, and the company is experiencing solid organic growth.  In 2013 Boeing celebrated 75 years of partnership with the United Kingdom, the Armed Forces, British manufacturing and the air transport industry.

* required field

Post a comment

Other Stories
Advertisement
Latest News

Atos and Google Cloud form global partnership

Digital transformation specialist, Atos, has entered into a global agreement with Google Cloud to address the digital transformation needs of enterprise customers.

J2 Aircraft Dynamics gains US DOS license to provide military aircraft technical support

J2 Aircraft Dynamics, a UK SME and ADS member, has received a license from the US Department of State (DOS) to provide technical assistance through 2022, under International Traffic in Arms Regulations (ITAR), in the form of modelling,

Automated check in now live at Luton and Stansted Airport FBOs

Harrods Aviation recently went ‘live’ with a new automated check in system from Flight Solutions, for its VIP and group charter flights at its London Luton and London Stansted FBOs.

£850m Sea Ceptor missile system enters service with Royal Navy

The Sea Ceptor missile system that will protect the Royal Navy’s new aircraft carriers has officially entered service, Defence Secretary Gavin Williamson announced today.

G4S Academy to bring intelligence into future security

With threat awareness becoming progressively more important to the success of a security programme, the newly launched G4S Academy is working to bring intelligence in security to the forefront.

Dstl ranked among UK's top 100 employers for school leavers

The Defence Science and Technology Laboratory (Dstl) has been ranked among the UK’s top 100 employers for school leavers for the third year in a row, while one of Dstl's apprentices also received an award.

RUBB SK2105211118
See us at
SMI FAVWSBT1402060618SMI HelicopterTBT1402240518FIL18 BT111017220718