We will work closely with BAE Systems and local leaders to manage the impact of the losses, including through the Talent Retention Solution which is available to match skilled workers to jobs in the advanced manufacturing and engineering sector. In addition support will be available through Job Centre Plus, the Skills Funding Agency and other local partners.<\/p>
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Government is committed to working with industry through the Defence Growth Partnership to help identify and capitalise on opportunities for growth, building on our strengths in areas such as air capabilities. The DGP\u2019s Implementation Plan, launched by the Prime Minister at the Farnborough Airshow in July, builds on the Strategic Vision published last year and will help industry maximise defence exports through a new UK Defence Solutions Centre and a strengthened UKTI DSO.<\/p>
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For the civil aerospace sector Government and industry set out a joint strategy and implementation plan for growth in the Aerospace Industrial Strategy published in March 2013. A progress update on these was published in July.<\/p>
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Farnborough is an important showcase for the UK aerospace sector. The Department does not make estimates of aerospace exports arising as a result of the Farnborough Airshow. However, given the UK\u2019s position as a leading supplier to the world\u2019s aerospace industry, our industry is likely to be a major beneficiary of many of the new orders announced at the Show.<\/ins><\/p> Recent data from the Aerospace Defence and Security trade association show aerospace exports grew by 12% in 2013 to £25 billion.<\/ins><\/p> <\/p>"}
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There has been significant interest in UK Export Finance\u2019s (UKEF) Direct Lending Facility (DLF) since its enhancements were announced in the Budget. Since it was relaunched on 30 June 2014, the pipeline of potential export contracts has developed and now involves 28 UK-based exporters of varying size and export experience. As it stands, the pipeline has 35 potential export contracts that range from £3m to over £350m. Most importantly, the DLF pipeline is growing.<\/del><\/p>