Velocity Composites announce renewal of BAE Systems contract

By Rob Kelly

12 May 2025

Velocity Composites Has Announced Its Entry Into The Us Market

Burnley based Velocity Composites, the leading supplier of advanced composite material kits to the aerospace market, has announced that it has renewed its relationship with the UK's biggest defence contractor, BAE Systems for a further three years.

The contract includes a price increase to account for the increased costs of labour, energy and finance since it was last renewed and the renewal supports the company's existing FY25 revenue expectations. 

 Velocity has been working with BAE Systems since 2010 and will continue to provide process material kits for the F35 and Typhoon programmes.

The business has a close working relationship with BAE Systems, with teams regularly working at BAE Systems' site in Samlesbury, Lancashire, to manage inventory and support continuous improvement activity, as part of the contract.

 Jon Bridges, chief executive officer of Velocity, said: "BAE Systems has been a key partner for many years, and we are delighted to continue our relationship.

"Our work with them helps to improve production standardisation and reduce the cost of composite part manufacture.

"As noted in our recent results, our business development teams are building on existing relationships in defence sector and developing our business case with other defence OEMs in Europe and the US.

"Global defence expenditure is rising, and our services are identical for defence customers who share similar issues to civil aircraft manufacturers in terms of the need to improve fuel and operating efficiencies."

The business supplies composite material kits to aerospace and other high-performance manufacturers, that reduce costs and improve sustainability and their customers include Airbus, Boeing, and GKN.

 By using Velocity's proprietary technology, manufacturers can also free up internal resources to focus on their core business. 

Velocity has significant potential for expansion, both in the UK and abroad, including into new market areas, such as wind energy, urban air mobility and electric vehicles, where the demand for composites is expected to grow.

The news comes after Lancashire Business View reported Burnley continues to show clout when it comes to manufacturing and engineering, with 16 per cent of the borough’s jobs in these sectors.

The North West’s aerospace cluster is the largest in Europe, contributing £7 billion to the UK economy, and Burnley is home to important players including Velocity Composites, Paradigm Precision and Safran Nacelles.

Enjoyed this? Read more from Rob Kelly

Latest news

1

Central Co-op, Costa and Greggs open their doors at Botany Bay The new units at Botany Bay

Central Co-op, Costa and Greggs open their doors at Botany Bay

30 May 2025

2

Thousands enjoy three-day Lancashire Science Festival The Bubble Science Show

Thousands enjoy three-day Lancashire Science Festival

29 May 2025

3

StudioLWD appoint marketing manager Sam Broom

StudioLWD appoint marketing manager

29 May 2025

4

College principal is suspended Karen Buchanan

College principal is suspended

28 May 2025

5

Wagamama come to Preston's Animate Preston's Animate

Wagamama come to Preston's Animate

28 May 2025

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
Sub36 Networking
Networking
11 Jun 2025

Sub36 Networking

British Jewellery School, Scorton, PR3 1BA

15:00 - 17:00

Lancashire Net Zero Carbon Conference
Net Zero Carbon Social 1200pxtrident 2
Networking
18 Jun 2025

Lancashire Net Zero Carbon Conference

Crow Wood Hotel & Spa Resort, Burnley, BB12 0RT

08:30 - 13:00

LBV123 July/August Launch Event
Lancashire Business View magazine launch
Networking
16 Jul 2025

LBV123 July/August Launch Event

Burnley College Industry Hub, Burnley, BB120AN

08:30 - 10:30

Lancashire Built Environment Conference 2025
BEC 315 X 315 Px
Networking
25 Sep 2025

Lancashire Built Environment Conference 2025

Blackpool Football Club, Blackpool, FY1 6HX

08:30 - 13:00

CMI Level 5 Management and Leadership Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Management and Leadership Course

Preston Campus, Preston , PR1 2HE

09:00 - 17:00

CMI Level 5 Project Management Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Project Management Course

Preston Campus, Preston, PR1 2HE

08:00 - 17:00

RISE - The Academy for Female Leaders and Managers
WENDY BOWERS RISE Illustrstion copy.jpg.jpg
LBV Hub Seminars
02 Apr 2025 - 08 Oct 2025

RISE - The Academy for Female Leaders and Managers

East Lancashire Chamber of Commerce, Clayton le Moors, BB5 5JR

09:00 - 15:30

Business Bike Club – June
Chamber Logo1.png.png
LBV Hub Networking
03 Jun 2025 - 03 Jun 2025

Business Bike Club – June

Various, Lancaster, LA

08:00 - 09:30

National accountancy firm, MHA, to host Finance Leaders from across the North West.
jaime-lopes-0RDBOAdnbWM-unsplash.jpg.jpg
LBV Hub Awards
04 Jun 2025

National accountancy firm, MHA, to host Finance Leaders from across the North West.

Farington Lodge Hotel Stanifield Lane, Farington, PR25 4QR

08:00 - 10:00

National Centre for Remote and Rural Medicine Conference 2025
Remote and Rural 3.jpg.jpg
LBV Hub Awards
05 Jun 2025 - 05 Jun 2025

National Centre for Remote and Rural Medicine Conference 2025

North Lakes Hotel and Spa, Penrith, CA11 8QT

09:30 - 17:00

Rossendale means business Expo
Rossendale Means Business Logo 3.jpg.jpg
LBV Hub Exhibitions
10 Jun 2025 - 10 Jun 2025

Rossendale means business Expo

Futures Park, Bacup, OL13 0BB

10:00 - 15:00

The Business Network Central & East Lancashire
LBV Hub Networking
12 Jun 2025 - 12 Jun 2025

The Business Network Central & East Lancashire

Stanley House, Blackburn, BB2 7NP

11:30 - 14:15

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV122 Online Graphic
Subscribe now

Weekly news bulletin