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26 May 16. Marshalling local support. Marshall Aerospace and Defence Group (CANSEC Booth 1229), which is celebrating the 10th anniversary of the opening of its first office in Canada, at Abbotsford, British Columbia, is emphasising its decade of in-country support to the growing Canadian defence industry, especially its extensive experience with the Lockheed C-130 Hercules. To date, the company has worked on more than 300 Hercules transports, for 52 customers in 33 countries, including the CC-130s of the Royal Canadian Air Force.
Steve Fitz-Gerald, chief executive of Marshall Aerospace and Defence, commented: “The provision of in-country support is very much a Marshall strength, and we have a proven track record of collaborating with military and commercial organisations to deliver quantifiable end-use benefits.”
As well as providing local technical and engineering support, Marshall’s offices in Canada have access to the extensive skills and resources in Cambridge, UK, where the company employs more than 2,000 highly trained personnel. Marshall Aerospace and Defence holds extensive airworthiness accreditations, granted by a variety of military and commercial regulatory authorities, aerospace companies and defence organisations, including Canada’s Department of National Defence. (Source: IHS Jane’s)
26 May 16. A cluster of high-tech engineering businesses, the Silverstone Technology Cluster, has been identified in the area surrounding Silverstone Park by a new research report launched today, 27 May 2016. The Cluster, which is being backed by the Government, highlights a market of untapped potential. With science and innovation at the heart of the Government’s long term economic plans, growth of the Cluster will strengthen the UK’s position as a world-leading knowledge economy. High-tech engineering within the Cluster gives the UK the potential to be the leading export economy in new and emerging fields – a direct answer to the country’s decreasing reliance on traditional manufacturing.
Although world-famous for its motorsport capabilities, the area around Silverstone has evolved significantly. MEPC has identified over 4,000 small and mid-sized businesses within two hours of Silverstone specialising in aeronautics, automotive, medical industries, green energy, marine, defence, electronics and sensors, as well as motorsports.
The report, which focuses primarily on the evolution and characteristics of the Cluster, has been commissioned by MEPC, asset manager and developer of Silverstone Park on behalf of Hermes Investment Management, with partners PwC and Barclays. It has been authored by SQW, the highly respected economic and social development research firm whose findings first brought the ‘Cambridge Phenomenon’ to public attention.
Roz Bird, Commercial Director at Silverstone Park for MEPC, said: “The potential of the Silverstone Technology Cluster is limitless. Having taken over management of Silverstone Park in 2013, we noticed this untapped market almost immediately and have been working with our partners to develop it.
“As an evolving engine room for UK innovation, the cluster is able to adapt and provide a continuing flow of entrepreneurial new firms. However, in order for the cluster to achieve its full potential further investment is needed.”
The report is a first step in creating a Cluster Organisation, which will match investors with untapped high-tech engineering firms. Chris Taylor, Head of Private Markets at Hermes Investment Management, commented: “Global capital increasingly gravitates to best talent and we believe the Silverstone Technology Cluster plays to this theme, along w