Four of the top 100 aerospace supplier firms exist in Northern Ireland, according to a new survey by business firm PricewaterhouseCoopers (PwC).
The Top 100 Aerospace Companies Poll is measured by annual sales and it found that four Northern Irish firms had made it on the list. Bombardier led the pack at 16th, while Thales followed in at 18th. B/E Aerospace and Magellan Aerospace ranked 44th and 80th respectively.
The region has also seen some of its major companies supply parts for Boeing, the firm which topped the poll for the largest overall business. Boeing was able to secure its position at the top following a revenue growth of 35 per cent in the past year, meaning that rival EADS had to settle for second place. Companies that make parts for Boeing include Bombardier, Moyola Precision Engineering, JW Kane Precision Engineering in Portadown and Maydown Precision Engineering in Eglinton. The latter three companies also make parts for EADS’ Airbus, as does Bangor business Denroy, who also makes parts for BAE Systems (15th), Spirit (21st) and GKN (40th).
According to the Belfast Telegraph Leslie Orr, manager of ADS, the trade body for the aerospace, defence, and space sectors in Northern Ireland, said: “Northern Ireland is one of the top performing UK regions for aerospace and it is great to have these companies here. As well as a hundred years of heritage in the sector, Northern Ireland has great skills, great engineering expertise, a low cost base and a good education system, which is why these big companies are basing themselves here and acquiring home-grown firms.”
These figures come after US-based Spirit signed to work with Northern Ireland multiplier Sigma Aeronautics on future projects. Sigma is a collective network of companies from the region. This will undoubtedly have a large impact on the availability of aerospace specialist jobs in Northern Ireland over the coming years.