Bristol and the West of England are key to the UK’s aerospace and advanced engineering sector, and home to specialist design and manufacture of military and civil aircraft, satellite technology and advanced engine design. Of the 15 world-leading aerospace companies, 14 have bases in the Bristol and Bath area, and one of Europe’s largest clusters of aerospace is based just outside Bristol city centre.
Although a relatively small part of the total economy – it is high value and set to take advantage of long-term changes in the market.
The immediate impact of Covid-19 was severe, with a global slump in demand causing a 40% reduction in civil aerospace orders, and the sector is also undergoing longer term changes, with reduced production output and increased emphasis on development.
Now is the time to identify new markets and opportunities, retain local investment and support longer-term productivity, the driving forces behind the ground-breaking Digital Engineering Technology and Innovation programme.