There is currently unmet employer demand for apprenticeships at advanced and higher level, particularly in sectors such as engineering.
The Government is working to expand apprenticeships at Level 3 and above and is improving progression routes from foundation level and into higher levels and professional skills.
As part of this commitment Cable has agreed to chair regular meetings with aerospace business leaders to focus on major strategic issues facing the aerospace sector.
He said: "The breadth of expertise in this sector is incredible, but for our industry to maintain its position in the global market, we will need a new generation of inspired workers with the skills and new ideas to push aerospace forwards.
"This Government, working together with industry, will support the sector by delivering the right skills where they are needed most.
"We will encourage a new generation of talent by investing in high level apprenticeships and sustaining a high-performing research environment."
