A total of £218 million combined government and industry funding has been announced to develop new green Landing gear, and lower carbon and more efficient aircraft wings, engines and sensors.

The funding, being delivered through the Aerospace Technology Institute (ATI) Programme, will secure more high-skilled jobs and increase investment in aerospace technology across the UK.

The joint commitment with industry to invest in new aircraft and manufacturing technologies is set to help secure at least £20 billion of further private investment in aerospace in the UK and support over 100,000 jobs. 

Nusrat Ghani, Minister for Industry and Economic Security, said:

"We’re growing the economy and supporting high-skilled, high-wage careers across the UK by backing our world-leading sectors like aviation. We want to achieve net zero air travel by 2050, and I want UK firms to lead the way developing the exciting technologies of the future. Backing our innovators will attract even more investment and create massive export opportunities for British firms."