Programme Related News
New Centre of Aerodynamics announced
Friday 23rd March 2012
£60 MILLION FROM CHANCELLOR BUDGET OFFERS AEROSPACE INDUSTRY
OPPORTUNITY TO GROW
ADS welcomes initiative to fund UK Centre of Aerodynamics. ADS warmly welcomed the Chancellor's Budget statement, in which it was announced that HM Government would fund the creation of a world class UK Centre for Aerodynamics with £60m.
The Centre will pull together existing testing and modelling facilities into a coherent virtual centre, and will be responsible for coordinating and supporting world-leading Research and Technology (R&T).
Through the identification and development of new technologies, the Centre will pinpoint areas for increased investment to fund research which will ensure that the UK remains a competitive leader in the global aerospace market. In addition the research will de-risk radical new concepts in wing design and help deliver sustainable aviation by supporting the development of new technologies and more environmentally friendly aircraft. The £60 million investment will be spread over two years, £10million of which will be capital investment to upgrade facilities, with £50m resource funding for delivering the research.