September 8, 2008 – Vector Aerospace has appointed Tim Rice as Managing Director of Vector Aerospace, UK. Tim joins Vector from Messier-Dowty, part of the Safran Group, where he was Managing Director Messier Services and Group Vice President, Airbus and European Programmes Business Unit. Prior to that, Tim worked at Spirent Systems (formerly Penny & […]
August 22, 2008 – The Secretary of State for Defence, Des Browne, has praised staff at Vector Aerospace Components Services Almondbank for the vital support they provide to the UK’s helicopter force, during a visit to the facility. Vector Aerospace Corporation acquired the Almondbank facility – formerly the MoD’s Defence Aviation and Repair Agency (DARA) […]
April 1, 2008 – Vector Aerospace Corporation announced today that its wholly-owned subsidiary, Vector Aerospace International Limited, has completed the acquisition of the United Kingdom Ministry of Defence (MOD) Defence Aviation and Repair Agency (DARA) Rotary Wing and Components businesses for consideration of £17 million. The assets acquired include net working capital of £13.5 million. […]
February 5, 2008 – Vector Aerospace Corporation announced today that its indirect wholly-owned subsidiary, Vector Aerospace International Limited, has entered into a definitive purchase and sale agreement with The Secretary of State for Defence in the United Kingdom (MOD) to acquire the Defence Aviation and Repair Agency (DARA) Rotary Wing and Components Businesses in consideration […]
July 25, 2007 – Vector Aerospace Corporation announces that it was today named by the United Kingdom Ministry of Defence (MoD) as the Preferred Bidder for the purchase of the Defence Aviation and Repair Agency (DARA) Rotary Wing and Components Businesses. Assets included in the proposed purchase transaction include the helicopter repair facilities located in […]
