Boeing UK presence and partnerships exceeded £2bn in 2016

Boeing UK presence and partnerships exceeded £2bn in 2016

Boeing has reported that its direct spending with UK suppliers has tripled over the last six years to £2.1 billion.

This has supported an estimated 16,500 jobs in the tier 1 UK supply chain, a rise of 80% over the same period. Direct Boeing employment to support local airline, military and security customers has doubled since 2011 to 2,200. The company continues to grow, recruiting on average a new employee per day.

Sir Michael Arthur, president of Boeing Europe and managing director of Boeing UK and Ireland, said: “The partnership between the UK and Boeing is one of mutual benefit, driving economic growth and prosperity for both the UK and the US.

“Since 2011 Boeing has tripled its direct spending with UK suppliers and doubled the company’s UK workforce to meet the needs of local airline, military and security customers. In the years to come, Boeing is committed to growing our engagement in the UK, working together with our employees, customers, suppliers and partners. Boeing continues to find significant talent and supply chain capability, a strong market and world-class partners in the UK.”

Additional growth is planned in the years to come. In the past year Boeing has announced plans for its first European manufacturing plant in Sheffield, a commercial aviation maintenance hangar at Gatwick airport and the company is working with the Ministry of Defence on plans for a Royal Air Force P-8A Poseidon facility at RAF Lossiemouth in Scotland.

Together, these developments will create an additional several hundred jobs in the UK at Boeing, the company’s partners and in the supply chain.

This additional growth and expenditure continues progress on the UK Government-Boeing prosperity initiative announced in July 2016, with even more to follow in the future.


Share This Article