Vector Aerospace accepted into U.K’s SiG program
June 9, 2017 By Vector Aerospace
Vector Aerospace Corporation has announced that its Component Services team, based in Almondbank, Perth, has been officially accepted onto the U.K.’s Sharing in Growth (SiG) program.
SiG is an ambitious transformation program which raises the capability of U.K. aerospace suppliers in order to share in the growth of aerospace and other global markets. The £250 million government- and industry-backed competitiveness improvement program aims to secure 10,000 jobs, by transforming the leadership, culture, productivity and operational performance of more than 60 U.K. aerospace suppliers.
Vector Aerospace’s Component Services team was accepted onto the program after a stringent 12-week diagnostic phase, which concluded with a formal presentation to Directors of the SiG Board. Feedback on Vector’s presentation was very positive, noting the clarity of Vector’s growth plan and the capability and enthusiasm of the Vector team.
Commenting on the announcement, Ray Doyle, director of Vector’s Component Services team, said: “I would like to thank all of the team within Vector who worked so hard in the weeks and months leading up to the presentation to the SiG leadership at the end of April. The general consensus was that our presentation was one of the most compelling that the SiG team had seen.
“Going forward, this is a great opportunity for Almondbank. The program, which lasts for a period of four years, brings with it around £1.2 million of investment from U.K. plc, and will enable us to continue the transformation of our business into a truly ‘world class’ component MRO facility.”