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25,000 new manufacturing jobs

Thousands of jobs are to be created in Lancashire and across the UK following a deal to make components for a new jet fighter in the UK.

The deal is a boost for Britain's largest defence contractor BAE and the wider aerospace industry which will benefit from the F-35 fighter jet-building programme.

Components for the 3,000-strong fleet of jets are to be built by a number of companies up and down the country before the planes are assembled in the United States and begin to be delivered in 2015.

The design and manufacture of the fifth generation aircraft is expected to create and sustain some 25,000 jobs in the UK over 30 years, according to Lockheed Martin, which is leading the contractorship.

Involving around 130 firms across the country, it is projected to increase UK GDP by £28.7bn over the period between 2009 and 2036.
http://www.guardian.co.uk/business/2012/mar/12/lockheed-jet-fighter-thousands-uk-jobs

It really is a good news week. :)
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

Belief in myths allows the comfort of opinion without the discomfort of thought.”

-- President John F. Kennedy”
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Comments

  • MrRee_2
    MrRee_2 Posts: 2,389 Forumite
    REJOICE!!!!

    What a fantastic 2012 we have before us ............
    Bringing Happiness where there is Gloom!
  • GordonIsA
    GordonIsA Posts: 249 Forumite
    Lancashire?

    Most of those jobs will be around Cheltenham/Gloucester/Bristol/Malvern
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    25,000 jobs over 30 years?

    Fantastic.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker

    It is good news however....

    The design and manufacture of the fifth generation aircraft is expected to create and sustain some 25,000 jobs in the UK over 30 years, according to Lockheed Martin.....

    Interesting choice of words, I wonder what they mean. It doesn't read to me like Lockheed are taking on 25,000 people.

    As I say though, undeniably good news.
  • GordonIsA
    GordonIsA Posts: 249 Forumite
    Generali wrote: »
    It doesn't read to me like Lockheed are taking on 25,000 people.


    That is because no one builds war planes. They build bits of war planes & sub most out.

    The exception to this was probably Stealth but even then you are guaranteed a high number of it was subbed.
  • over 30 years?! :rotfl: what a desperate post
    Maidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?
  • quantic
    quantic Posts: 1,024 Forumite
    Part of the Furniture Combo Breaker
    Generali wrote: »
    It is good news however....

    The design and manufacture of the fifth generation aircraft is expected to create and sustain some 25,000 jobs in the UK over 30 years, according to Lockheed Martin.....

    Interesting choice of words, I wonder what they mean. It doesn't read to me like Lockheed are taking on 25,000 people.

    As I say though, undeniably good news.

    The use of language would suggest to me that it is going to create the jobs but not just for a short term period, and that there will be work for a sustained period of 30 years...?
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    quantic wrote: »
    The use of language would suggest to me that it is going to create the jobs but not just for a short term period, and that there will be work for a sustained period of 30 years...?

    Maybe. Is it 800 jobs a year or 25,000 total number of people that will have worked on this by the time it's done or, as I suspect, a couple of thousand people working on the plane and the rest being the bar jobs, Tesco workers, Estate Agents, Bankers etc that those workers will keep in work.
  • chewmylegoff
    chewmylegoff Posts: 11,466 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I really don't understand the point of all these "x creates y new jobs" and "q fires r of its staff" threads. It's like trying to discuss house prices by having an individual thread to discuss each individual house sale.

    You get perfectly good (ok possibly made up) aggregated figures at the end of each month which actually mean something, so why bother getting all excited about the meaningless granular detail.
  • DervProf
    DervProf Posts: 4,035 Forumite
    Any news about extra jobs being created is obviously good news. Although "bearish types" might question the details, or point out that the headline figures aren't quite as exciting as the actual detail (as GD has done), I doubt even the biggest honey eating, pic-nic hamper raiding, growling, ****ing in the woods bear would deny that extra employment is good news for the country.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
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