Introducing their new resource 'National Value' at the Farnborough Air Show 2024, BAE Systems were able to highlight the number of people employed in the aerospace sector across different areas in Lancashire.
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00:00So what we can do is we can break it down by constituency, so a great one to look at
00:07would be Preston. So currently in Preston there's 991 employees working on the combat
00:15air system. All of those are BE systems. Sometimes there is a difference if they work for the
00:21other companies like a Rolls-Royce or an MBDA box that goes forward because a big BE presence
00:26is there. So we can look at that. We can look at the supply chain. We can look at the
00:32fact that we've got two enterprise suppliers and two SME suppliers. SME suppliers being
00:38small to medium enterprises. Other little areas in the north filed or slid home to our
00:46Wharton site. Plenty of people in that area are working on the combat air programme. It's
00:52kind of been a hub over the last couple of years. There's a couple of people that aren't
00:57BE systems employees. They're looking for the main chunk of that people.
01:03So this whole app is just kind of a summary to see where people are working.
01:08Exactly, yeah. So we've had MPs coming in for the last couple of days and we'll have
01:12them today and tomorrow coming in and they want to look at their constituency to see
01:18how many people are working there and see how we can improve that.
01:22I can also break down by region as well. So for the north west, we have 16 FCAS suppliers.
01:32We're partnered with one academia that we've got suppliers with 16 small to medium enterprises.
01:39MBDA systems obviously is a huge power in the north west. So we employ over 10,000 people.
01:46There's only a couple of hundred that aren't BE systems that work in that space.
01:52And we can break that down for the other ones as well. So yeah, MPs have been absolutely
01:58loving that as well. And then there's just some generic information on the tempers.
02:04So we expect £37 billion to go into the UDP by 2070. The north west will be one of the
02:12largest benefactors of that. So there's a real push to take money away from London
02:17to redistribute it up and down the UK. So the north west over £13 billion, the south
02:22west over £8 billion.
02:24So the north west is kind of seen as the central hub kind of going forward?
02:29Yeah, at the moment, yeah. So that's mainly because of Solentry and Wharton. Obviously
02:33BE systems being the LSI in the UK, that's where you'd expect the most activity. Whether
02:40that changes that, I'm not sure. But for the town being the north west, it's definitely
02:44the hub of the town.