I also think the 1500 jobs is possibly LONG TERM including all subcontracting companies and associated suppliers.. A PLAN.
It did, however, create certain buzz and feeling of 'something up in the air' at ICAT, part-66 training facility at Cardiff airport (industrial park) as I was there yesterday. Graduating students eager to talk stuff with some lecturers etc. So who knows..
There are very few engineering jobs other than BAMC near Cardiff/South Wales, so any news of jobs are good news. Doesn't bother me as I just moved out.
I wish Bruce and his soon-to-be new staff good luck with the company.