Thu, Apr 4, 2019
Vertex Aerospace has expanded its global presence by establishing a regional office in Abu Dhabi, where it will offer complete solutions for aftermarket aerospace services for government and commercial clients.
The company received its licence to practice business in the UAE on March 5 under its Vertex Global Aerospace business line.
Vertex Global Aerospace (VGA) was formed on January 1, 2019. The leadership of the newly established VGA business line held a soft opening February 16, 2019, at its Abu Dhabi location and attended the city's International Defence Exhibition and Conference in the same week.
Steve Suttles, senior director of VGA's Middle East and Africa business operations, said the company is pleased to open its first regional office in the UAE.
"Abu Dhabi is modern, business-friendly, and perfectly positioned within the region for easy access to over 75 countries," said Suttles. "We believe the security, stability, and economy in the UAE are strong and we are happy to support strategies and policies that promote the region."
Suttles said he is excited about the Company's recently formed partnerships in the UAE as well as future international opportunities.
"We currently have contracts in Kuwait and plan to expand our presence in the Middle East and African regions," Suttles said. "This makes the UAE strategically the optimal location to establish our first global footprint with trusted partners."
New York-based private equity firm American Industrial Partners purchased Vertex Aerospace in June 2018 to operate as a standalone company. The company now has the capability to provide full-spectrum aerospace support worldwide and has grown its annual revenue to over $1.2 billion. Vertex began its business as a product support division of Beechcraft in 1975. Over the past 43 years, the company has been owned by divisions of Raytheon, L-3 Technologies, and private equity companies.
Vertex Aerospace is a global defence company that provides all aftermarket aerospace services for government and private sector customers. The Mississippi-based company has over 4,200 employees at its 65 US and 35 international locations and proudly employs a 50 percent veteran workforce.
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