UK aerospace and defense group warns of ‘scarcity mindset and price hikes’ in wake of Trump tariffs
Kevan Craven, CEO of ADS Group, which represents UK aerospace, defence, security and space companies, told Breaking Defense in a statement that the tariff announcement was “disappointing, but will not kill our sectors,” noting however that his members have already forecast their businesses will suffer “additional costs of tens of millions of pounds.”
Kevan Craven, CEO of ADS Group, which represents UK aerospace, defence, security and space companies, told Breaking Defense in a statement that the tariff announcement was “disappointing, but will not kill our sectors,” noting however that his members have already forecast their businesses will suffer “additional costs of tens of millions of pounds.”
