The capital-intensive nature and long cycle of aerospace , means existing investment will continue at a high level in the U . K ., offering a particular opportunity for Pacific Northwest businesses .
Flexibility in supply chain networks make continual innovation through a delicate balance of competition , cooperation , and market demand essential . The COVID pandemic has illustrated this within the aerospace supply chain as many companies have adapted to new realities and market conditions . Collaborative and decentralized manufacturing is now established for supply for on-or-near shoring , particularly between dense regional clusters of highly specialized aerospace and defense SMEs that are established in the Pacific Northwest and the U . K .
Aerospace supply chains are made up of tight networks of specialist companies with the need to be more resilient than ever .
The best solutions are developed together ; communication between our companies is vital so we can share best practice and opportunities quickly across our networks , ensuring that supply chain companies can support each other .
We need to work together to continue to promote the aerospace industry and our manufacturing superclusters in the Pacific Northwest and the U . K ., demonstrating our diverse and advanced capabilities to a global market , together . It ’ s never been more important to share collective market intelligence , especially to support companies in the lower tiers of the industry and connect at and through FIA .
Let ’ s use the Road to Farnborough ( International Airshow ) and beyond to do so . British-American Business Connections the Pacific Northwest chapter ( BABC-PNW ) of the BritishAmerican Business Network ( BABN ) will also aid this process through a series of events and networking opportunities that will enable you to make it possible !
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