Aerospace Industry: Research

(asked on 5th March 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government how much money in total they gave to the aerospace industry for research and development in (1) 2015, (2) 2016, (3) 2017, and (4) 2018.


Answered by
Lord Callanan Portrait
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 19th March 2020

Industry and Government have made a joint commitment to invest £3.9 billion in aerospace R&D from 2013 to 2026. The Government’s share of £1.95 billion is managed through the Aerospace Technology Institute Programme. An annual breakdown of expenditure and budgets for the years requested is set out in the table below:

Fiscal Year

Expenditure (£m)

Allocated Budget (£m)

2015/16

126

150

2016/17

146

148

2017/18

149

150

2018/19

140

154

2019/20

n/a

150

2020/21

n/a

150

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