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<p>The Department for Business, Energy and Industrial Strategy has allocated £1.95bn
to 2026 to co-fund aerospace related R&D activities. 160 technology projects worth
£1.3 billion are currently under way, spanning wings, engines, aero structures and
advanced systems. This involves 195 different companies and organisations, including
over 100 SMEs. In addition the Government is helping the sector develop its supply
chain by investing £80m in the Sharing in Growth supply chain performance improvement
programme; the lead 43 companies have already won in excess of £1.4 billion of contracts
as a result of this work. The Government also supports the National Aerospace Technology
Exploitation programme to help SMEs innovate, develop and market technology</p>
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