The UK Ministry of Defence (MoD) yesterday handed Boeing $6 billion-worth of orders.
British Prime Minister David Cameron opened the show here yesterday with a speech that discussed the country’s problems and prospects following the Brexit vote. He described the UK aerospace industry as a model for other businesses to follow, with a high growth rate, good productivity and 90 percent of revenue earned from exports. The PM said he would not retreat from his pre-referendum ‘Remain’ stance, but “we must accept the new reality.” There will be problems ahead, he added, “but we’ll deal with them from a position of strength.” The outgoing leader concluded by declaring that “it is in our fundamental interest to remain very close to Europe.” Before the speech, Cameron toured selected exhibitors. Afterward, he headed for the Boeing P-8 in the static park to review Britain’s latest defense buy.
