Regional Growth Fund award to boost Vector Aerospace expansion

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By admin February 13, 2015 21:03

Regional Growth Fund award to boost Vector Aerospace expansion

Vector Aerospace UK, a provider of aviation maintenance, repair and overhaul (MRO) services, is to receive a Regional Growth Fund award from the UK Government.

The award, totalling £2 million over two years, will reinforce the significant investment that Vector is making in the transformation of its Gosport business. A long established key supplier to the UK Ministry of Defence, Vector is now enhancing its capabilities and services, targeting new customers around the world.

This funding will enhance Vector Aerospace’s UK design and aviation services portfolio, enabling the company to compete more effectively in global aerospace modification and upgrade markets, both civil and military.

Vector Aerospace UK Managing Director Michael Tyrrell said, “We are now in a position to progress our expansion programme for Design Services.  This is excellent news, not just for our operation here but also the region, as Vector Aerospace is the largest engineering employer in Gosport. It will also help to strengthen the region’s aerospace skill base as it seeks to reduce its dependency on military work.”

admin
By admin February 13, 2015 21:03