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

SSTL to build Galileo navigation payloads

Under an Authority to Proceed signed with prime contractor OHB-System AG today, Surrey Satellite Technology Ltd (SSTL) is commencing work on building eight navigation payloads for Galileo, Europe's global navigation satellite

Leonardo and Hensoldt to upgrade over 350 UK air, land and sea platforms

Leonardo has signed a £290 million contract with the UK Ministry of Defence (MoD) which will see Leonardo and Hensoldt, working together as 'Team Skytale', to upgrade the IFF (Identification Friend or Foe) technology on more than

Boyce Precision Engineering brings first Hermle C250 to Belfast

Following their recent visit to the Hermle Open House in Gosheim, Southern Germany, Boyce Precision Engineering decided that the Hermle C250 platform provided them with the best route into 5 axis machining.

Hydro partners with IMCA Electronics

Aberdeen-headquartered subsea cable and connector specialist Hydro Group plc increases its global presences as it announces its partnership with Turkish firm, IMCA Electronics.

Old meets new at Air Tattoo

The Royal International Air Tattoo's celebrations marking the 70th anniversary of the United States Air Force at RAF Fairford on July 14-16 will feature a special 'then and now' formation of American fighter aircraft, as a North

STG Aerospace supports International Women in Engineering Day

In support of International Women in Engineering Day, STG Aerospace interviewed one of its female engineers - Rhian Bache, Design Engineer at STG Aerospace - to get her personal perspective.

SMI AirMissSK0106130717
See us at
SMI AirMissBT0305251017SMI12DE BT203280917SMIUAV BT1005280917DSEI LB0911150917SMI FAVWS BT0504290617Aviation Africa BT18418