Vector Announces $45 Million Equity Financing

September 29, 2009 – Vector Aerospace Corporation is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by TD Securities Inc. and Dundee Securities Corporation, and including CIBC, Scotia Capital Inc. and Versant Partners Inc. (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase from […]

Vector Aerospace Awarded Bell UH-1 Maintenance Fixture Certification and Dynamic Component Overhaul Approval

September 24, 2009 – Vector Aerospace Helicopter Services-North America has received Bell Helicopter approval for both its UH-1 airframe maintenance fixture as well as for the repair and overhaul for UH-1 dynamic components at its Andalusia, Alabama helicopter maintenance operation. Ronnie Kearns, Vector’s director of business development for military programs says the new Bell Helicopter […]

StandardAero Completes First International Installation of Falcon 2000 Aviation Partners Inc Winglets

Springfield, Ill. – Sept. 17, 2009 – StandardAero has completed its first aftermarket installation of Aviation Partners Inc. (API) state-of-the-art, high-mach blended winglets on a Falcon 2000 large-cabin business jet at their facility in Springfield, Ill. for a Brazilian customer. “Completing the first Falcon 2000 with aftermarket API winglets for an international customer is an […]

StandardAero Breaks Ground on New CFM56 Facility

Winnipeg, Manitoba – Sept. 17, 2009 – StandardAero, a DAE Company, today broke ground on an additional 27,000-square-foot expansion at their Winnipeg facility in support of future CFM56 maintenance, repair and overhaul (MRO) work. In June, at the Paris Air Show, StandardAero and WestJet announced an exclusive 12-year OnPoint solution agreement valued at more than […]

Vector Aerospace Consolidates Texas-based Rolls-Royce and Pratt & Whitney Canada Engine Operations

September 1, 2009 – Vector Aerospace Corporation announces its Helicopter Services Rolls-Royce 250 model engine repair facility located in Lewisville, Texas is consolidating with the Vector Engine Services-Atlantic Pratt & Whitney Canada engine repair station in Southlake, Texas to create a combined engine repair operation. From Southlake, Vector Aerospace will offer repair station support for […]