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UK government announces £120m Aerospace Growth Partnership

UK government announces £120m Aerospace Growth Partnership

An £120 million investment from government and industry in aerospace research and technology was announced by business secretary Vince Cable today at the Farnborough International Airshow. The new funding, part of a total £200 million investment in aerospace since 2011, was announced alongside a new vision for the future of the sector which will help UK aerospace firms win billions of pounds worth of new contracts over the next 15 to 20 years.