Log in to use our free company, program and sector update tracker feature.
 

Front page

Marshall Aerospace and Defence unveils long-term ambition

Marshall Aerospace and Defence Group has today confirmed its intention to move its Cambridge-based operations to a new location by 2030.

Chief Executive, Alistair McPhee, explains: "Having now completed a significant piece of work to identify and define our new organisational purpose and long-term growth ambition, it has become increasingly clear that a move to new, purpose-built facilities will afford us a fantastic opportunity to fulfil our true potential as a business.

"It is still very early days but we know that finding the right airfield location that will give us the necessary space and flexibility to support our planned growth, which is close enough to Cambridge to enable us to retain and attract talent, will be a complex and time-consuming task.

"At this stage, we have a number of potential locations in mind but are still some way away from making any definitive decisions. Cranfield, Duxford and Wyton are currently our preferred options and we will work with all three locations over the coming months to further assess their feasibility.

"However, the Cambridge site will continue to be our home for many years to come, and in parallel with planning for our long-term future, we remain committed to our investment plans for the site that will see us spend more than £30m over the next five years to upgrade existing infrastructure.

"We have won a number of very significant programmes over the past 18 months and delivering those, along with continuing to support our long-term customers, will be our key priority as we plan for the next exciting chapter of our history."

In parallel, with the Marshall Aerospace and Defence Group announcement and in order to finance the move, the Marshall Group has recently signalled its intent to the local authorities and other key stakeholders, to put the Cambridge Airport site forward for development as part of the next Local Plan from 2030.

Commenting on the announcement, Alex Dorrian, Executive Chairman of Marshall, said:

"This is a momentous day for Marshall, when two opportunities coincide to create a launchpad for ambitious long-term plans for the future of Marshall, as well as for Cambridge. Our commitment to our businesses, our employees, and to Cambridge, is driven directly by our shareholders. This is the beginning of an exciting phase for Marshall, during which time we will build on our success and focus ever more closely on delivering a unique Marshall experience to our customers."

Press release issued by Marshall Aerospace on May 14, 2019

 

 Contact details from our directory:
Marshall Aerospace Nacelles, Fuel Tanks & Systems, Explosion/Flame Suppression Systems, Aircraft Structural Components, Aircraft Interior Furniture, Training, Recruitment, Airborne Communication Systems, Avionics Management Systems, Terrain Following Radar

 

 Related directory sectors:
Structural Components
Safety & Security Systems
Personnel & Training
Navigation Aids (Airborne)
Fuel Systems
Flight and Data Management
Engine Components
Communications (Airborne)
Cabin Interiors

Enhanced listings:


Airmo Inc. Pressure Technologies
Airmo manufactures systems and tools for hydrostatic testing, end forming, tube expansion, and high-pressure accessories to 60,000psi (4,137bar).

AMETEK PDS -Power and Data Systems
Global design and manufacturer of components and systems to the aerospace & defense industry for over 80 years.

Toray Advanced Composites
Toray Advanced Composites is a leading provider of thermoset and thermoplastic prepregs to the aerospace industry.

Interface Force Measurements Ltd
Accurate & reliable torque, force & pressure sensors, pressure mapping systems & calibration systems.

Dexmet Corporation
Dexmet MicroGrid® an innovative product line that help improve the composite aircraft withstand the rigors of a lightning strike.

See our advertising tariff.

 

3
data pages remaining in monthly quota for non-subscribers

© Airframer Limited, operated under licence by Stansted News Limited 2019. Terms & Conditions of reading. Privacy policy