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
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
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,
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,
¥ Collaborative technology development
through the National Aerospace
Technology Programme (NATEP);
¥ Access to finance through the Aerospace
¥ Performance through SC21, the supply
chain continuous improvement initiative
¥ Manufacturing capability through the
Manufacturing Accelerator Programme
¥ 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
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