UK aerospace leaders are warning that a no-deal Brexit could be a disaster for an industry that employs over 120,000 people and generated 35 billion pounds in revenue in 2017. The aerospace industry is highly specialized and most key players are multinational companies—which makes it heavily dependent on having a stable connection with European and global supply chains. A no-deal Brexit threatens to end all that, putting the sector at a significant competitive disadvantage. “It is im…
Source URL: No-Deal Brexit Puts UK Aerospace Industry in Crisis
Source Website: Advance Engineering – Engineering.com