All the major aerospace nations (US, UK, France,
Germany, Italy, Russia) undertake both basic and applied aeronautical
research. The US is home to by far the largest single domestic
R&D budget (approximately £10 billion per annum). Although
total R&D expenditure in the UK has increased over the last
five years, both the French and German Governments have strongly
supported aerospace related research over the same time period.
In addition, many nations in South America, Asia and the Pacific
ring are also currently increasing their support of total expenditure
of aeronautical research.
Total aerospace R&D in France
was twice that of the UK in 1997 (latest comparable data), and
for R&T alone it was almost three times the level of the UK.
Germany, which has an aerospace industry
roughly half the size of the UK, spent almost 50 per cent more
on R&D and roughly an equal level of R&T than the UK in
Data on US aerospace expenditure
on R&T is unavailable from public sources. However, total
R&D (which subsumes R&T) is at least 10 times the level
of the UK for an industry which is roughly four times the size
in terms of turnover.
2. R&D SPEND
UK SUPPLY CHAIN
The Medium company band represents those companies
which would benefit from an extension of R&D tax credits to
include companies with turnovers below £100 million.