Page 0003

The quotation above comes from the

UK's Aerospace Growth Partnership

(AGP), a collaborative, industry

Government partnership committed to

maintaining and growing the UK's position as the second largest aerospace

economy in the world.

The AGP is leading the nation's efforts to

bring continuing excellence to supply chains

in the aerospace sector. It has separate

working groups dealing with manufacturing

and technology, supply chain development

and research.

GTMA, with over 100 suppliers with the

expertise and will to win in aerospace, is

determined to be a part of the UK's

resource to achieve global success.

CEO Julia Moore says: One of our aims as

an association is to promote and support

our members in achieving the accreditations

required by buyers across the main industry

sectors they supply. Over the years we have

forged alliances with aerospace associations

and still have very close links with OEMs and

Tier1s. Aerospace is a key sector focus

for us.

The potential for ongoing business is huge.

Just by maintaining the UK s current market

share, air traffic growth in Asia alone has the

potential to contribute an extra £4.7 billion in

UK exports annually in the next ten years,

adding around 20,000 high-value jobs, she

says quoting the AGP.

The UK aerospace sector has a 17% global

market share, globally second only to the

United States, and creates annual revenues

of over £24 billion for the UK. It exports

roughly 75% of what it produces.

But recent trends have shown a progressive

reduction in UK content on new aircraft programmes. The AGP

s actions are designed

to back UK suppliers.

High performance, competitive supply

chains are a key ingredient in claiming future

market share - and not only in delivering

exemplary delivery and quality performance,

at a competitive price.

World class supply chains of the future

must also be agile and form genuine, symbiotic partnerships with their customers,

says

the AGP. Suppliers will need to work their

way up the value chain through investing in

new technologies, offering integrated solutions and sharing risk with their customers.

The AGP s Supply Chain working group is

developing schemes to support ambitious

suppliers in their quest for growth. These

schemes will address a wide range of barriers to growth,

such as:

¥ Collaborative technology development

through the National Aerospace

Technology Programme (NATEP);

¥ Access to finance through the Aerospace

Finance Forum

¥ Performance through SC21, the supply

chain continuous improvement initiative

¥ Manufacturing capability through the

Manufacturing Accelerator Programme

(MAP)

¥ Access to new markets and customers

Through the activities of the AGP s Working

Groups a number of targeted initiatives are

being developed to address specific aerospace sector challenges.

AEROSPACE SUPPLY CHAIN

3

GTMA

SUPPLY CHAIN ACTIONS TO WIN

ALL TIERS TARGETTED BY AEROSPACE INITIATIVES

"Between now and 2032 there is a global requirement for over

29,000 new passenger aircraft worth around $4.4 trillion USD.

Over the same time period, the global market demand for new

commercial helicopters is expected to be in excess of 40,000

units, worth around $165 billion USD.

Capturing this opportunity is fundamental to the UK's aspiration

to create thousands of additional well paid, stable jobs. Every

extra percent of global market share that the UK wins will

reward the nation's economy with billions of pounds of additional business and thousands of long term, well paid jobs."

Photos above (left to right): Three flight test aircraft from Airbus'

full range of widebody jetliners

- the A380, A350 and A380 - flying together for

the first time at the end of 2013; a Rolls-Royce

Trent 900 engine which powers the Airbus 900

and a Typhoon air-to-air afterburner. Photos

courtesy Airbus, Rolls-Royce and BAE Systems,

who retain copyright, All rights reserved. continued on page 5

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