The UK Government’s Industrial Strategy commitment to support our world-leading aerospace and nuclear industries shows long-term strategic foresight. Rolls-Royce’s highly differentiated technologies in gas turbines and nuclear capabilities – including Small Modular Reactors (SMRs) and Advanced Modular Reactors (AMRs) – are uniquely placed to deliver economic growth, skilled jobs and attract investment into the UK.
“With the Government’s backing, Rolls-Royce looks forward to strengthening and growing our widebody engine business and establishing the UK’s place in the fast-growing narrowbody engine market. In its Advanced Manufacturing sector plan, the UK Government recognises that the single biggest opportunity in aerospace over the next 50 years is to secure a UK engine position on next generation single aisle programmes. We also look forward to leading the world in next generation nuclear technologies and continuing to protect the UK and its allies through our combat air capabilities.
“The UK Government’s plans to reduce energy costs for electricity-intensive businesses in manufacturing sectors – including aerospace – will be welcome across the supply chain. Also welcome is the Government’s commitment to the vital research which keeps the UK’s aerospace industry at the forefront of innovation, through the extension of the Aerospace Technology Institute (ATI) programme to 2035.
“Our collective ambitions are clear. There is enormous potential to drive UK growth, exports, skills and jobs together throughout the decades ahead. We should all act to implement the Industrial Strategy effectively and at pace in support of the UK’s economic growth and sovereign aerospace and nuclear capabilities.”