in Aerospace

Farnborough International Airshow sees orders surge worth $28bn to UK

Posted 20 July 2018 · Add Comment

Final figures for aircraft and engine deals at the 2018 Farnborough International Airshow came close to record levels as the global industry sees sustained high demand.

UK aerospace companies are expected to see an estimated $28.8bn in value from orders and commitments for engines and more than 1400 aircraft announced at this week’s Airshow.

The Airshow was opened on Monday by Prime Minister Theresa May, who hailed the new Hall One exhibition centre as an outstanding building befitting a world-leading airshow.

Announcements by the Prime Minister and senior cabinet Ministers on the first days of the show included R&D and innovation projects worth £343m, a new Combat Air Strategy, and the site of a new UK spaceport in Sutherland as well as development funding for horizontal launch sites in Cornwall, Wales and Prestwick.

On Friday astronaut Major Tim Peake launched a public competition to name the UK-built Mars Rover at Futures Day, where young people experienced a day of activities designed to encourage their study of STEM subjects and future careers in engineering sectors like aerospace and defence.

ADS Chief Executive Paul Everitt said: “This has been a fantastic Farnborough International Airshow, where we have seen great confidence in the global aerospace industry and important announcements that will support future investment in the UK’s high value aerospace, defence and space industries.

“With deals for more than 1400 aircraft announced this week worth up to $28bn to UK industry it is clear that demand in the aerospace industry remains high.

“This has been the most international show in our history and the best place for both UK exhibitors and our overseas visitors to showcase their capability and plans for the future at the most important aerospace event of the year.

“I hope all our exhibitors and visitors have enjoyed a successful and productive week, and look forward to welcoming public visitors to the exciting flying display at Farnborough this weekend.”


* required field

Post a comment

Other Stories
Latest News

Airbus launches quantum computing challenge to transform aircraft lifecycle

Airbus has launched a global competition in quantum computing, inviting experts to propose and develop solutions for complex optimisation and modelisation across the full aircraft life-cycle, using newly available computing

Invest Northern Ireland supports BPE as it opens new facility

Boyce Precision Engineering (BPE) officially opened its new manufacturing facility yesterday and announced plans to almost double its workforce as part of a £6.9m investment, supported by Invest Northern Ireland.

Porvair launches its 2019 Filtration Catalogue

Porvair has launched its our 2019 Filtration Catalogue, which features the company's extensive range of products.

Key Plastics wins Engineering Manufacturing Team of the Year

Key Plastics has been awarded Engineering Manufacturing Team of the Year, at this yearís Inaugural Manufacturing and Supply Chain Awards for high-impact companies, celebrating Irelandís brightest, close-knit manufacturing teams

Rubb awarded £9.5m MoD contract

North East manufacturing company Rubb Buildings Ltd, has been awarded a new two-year contract with the UK Ministry of Defence (MoD), valued at £9.5 million.

MoD's Abbey Wood welcomes future engineers

School children from across Bristol got to see state-of-the-art body armour and robots at first hand when they were welcomed inside the doors of the Ministry of Defenceís procurement organisation Defence Equipment and Support

ODU 0201311219
See us at
SMINCW1210050218Aviation Africa 2019Airborne ISR & C2 Battle Management