EADS and Airbus to sponsor UK aerospace bursary scheme for up to 500 students

London21 February 2013

EADS and Airbus are proud sponsors of a joint UK government and industry initiative to fund up to 500 Masters Degrees in Aerospace Engineering over three years. The £6m bursary fund, opening today, will support up to 500 graduates and employees studying for Masters (MSc) level degrees in aerospace engineering.

The scheme is part of a wider initiative by government and industry, as part of the UK’s Aerospace Growth partnership, to encourage and support young talent building careers in aerospace. Leading UK aerospace and defence contractors, including EADS and Airbus, have committed £3m in total to the cost of the scheme.

The bursaries will be open to employees with qualifications up to degree level and to current BSc students, and will cover the cost of tuition fees up to a maximum of £9,500. Additional support, up to 75% of fee costs, will be available for the employees of small and medium size enterprises. The programme will also encourage participating students to forge relationships with UK aerospace companies, through project work and placements leading to future employment opportunities. Admission to the scheme will be administered by the Royal Academy of Engineering and the Royal Aeronautical Society.

Robin Southwell, CEO of EADS UK, said: “Engineering is at the heart of the government’s agenda to help rebalance our economy and young talent is the lifeblood of our industry. This scheme is a milestone in our drive to keep the sector globally competitive over the decades to come. We at EADS are hugely proud to be part of this initiative, which will create a new generation of aerospace engineers who are urgently needed in our industry at the moment.”

Mark Stewart, Airbus General Manager and Human Resources Director said: "This is excellent news both for Airbus and the wider UK aerospace industry. The decision to invest in developing the aerospace engineers of the future shows the type of long term thinking we need to keep the UK at the forefront of the global aviation industry. The UK has the second largest aerospace sector in the world and investments such as this are absolutely key in helping secure the high level skills that we need to keep ahead of our competitors and secure continued success for future generations of aerospace workers."

For more information or to apply for MSc funding, visit www.raeng.org.uk/aeromsc.

Notes to editors

About the programme

The scheme is aimed at students who, but for the bursary, would not otherwise study at Masters (MSc) level, who intend to seek employment in the aerospace industry, and company employees at sponsor companies and SMEs wishing to up skill. The Royal Academy of Engineering and the Royal Aeronautical Society are overseeing the programme, and will test in the competition process the need for the award and the commitment to work in the aerospace sector through the application and interview process. The process will seek to enable a more diverse range of people to reach Chartered Engineer status and to work in the aerospace sector.

The sponsor companies are BAE Systems, Bombardier Aerospace (Belfast), EADS/Airbus, Finmeccanica UK, GKN, MBDA Missile Systems, Messier-Bugatti-Dowty, Rolls-Royce and Spirit AeroSystems. The Department for Enterprise and Learning in the Northern Ireland Administration is also supporting the programme financially.

The courses will be aligned to the priorities outlined in the ‘Strategic Vision for UK Aerospace’ document produced by the Aerospace Growth Partnership (AGP), launched at Farnborough on 10 July. The AGP brings business and Government together to tackle barriers to growth, boost exports and grow the number of high value jobs in the UK.

About EADS

EADS is a global leader in aerospace, defence and related services. In 2011, the Group – comprising Airbus, Astrium, Cassidian and Eurocopter – generated revenues of € 49.1 billion and employed a workforce of over 133,000.

Contacts:

Alvaro B. Meredith
EADS UK Ltd.
Tel.: +44 207 845 8376

Robert Gage
Airbus in the UK
M: +44 (0) 779 390 5160

www.eads.com

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