Green aerospace gets £400m funding: A new round of funding worth £400 million to make the aerospace sector greener, has been launched by the government.
The development of high-performance engines, new wing designs, energy-efficient components and lightweight materials to reduce fuel consumption will receive a portion of the finance to support the projects .
Securing jobs in the aerospace sector the money will also bolster the work of experts from companies of all sizes and institutions, including the universities of Nottingham and Birmingham.
Alok Sharma, Secretary of State for Business, Energy and Industrial Strategy said: “We have an incredible aerospace industry right here in the UK that defines the way aircraft are manufactured globally.
“This £400 million investment will help secure our world-leading position in developing new flight technology to make air travel safer and greener into the future.”
Green aerospace gets £400m funding