Ministers welcome Aerojet announcement at Farnborough Airshow

Jul 09, 2012

First Minister Rt. Hon. Peter D. Robinson MLA and Enterprise Minister Arlene Foster today welcomed Aerojet’s announcement about its planned partnership with Thales in Northern Ireland.

Aerojet, a GenCorp (NYSE: GY) company and a world-recognised aerospace and defence leader, is planning to form a European subsidiary called European Space Propulsion to better service the needs of its European customers.

The new company currently plans to be based in Northern Ireland and will work in partnership with Thales based in Belfast.

The Ministers witnessed the signing of a Memorandum of Understanding between Aerojet and Thales at the Farnborough International Airshow, which marked the final planning stages for the new enterprise.

This Memorandum will enable detailed planning to be completed for a new production, research and development and test facilities in advanced space propulsion.

The First Minister said: “I am delighted that Aerojet has given serious consideration to Northern Ireland as the location for its new European Space Propulsion operation. This underlines Northern Ireland’s standing as a centre of aerospace excellence and demonstrates the confidence placed in our local precision manufacturing capabilities by the world’s leading aerospace and defence companies.

“I look forward to observing the progress of the partnership between Aerojet and Thales and to celebrating the success of their new venture.”

Arlene Foster said: “The talents of Northern Ireland’s manufacturing and engineering labour force are held in high esteem across the global aerospace and defence industries and today’s announcement is further evidence of this. Aerojet’s proposed new venture with Thales in Northern Ireland is an exciting prospect which has the potential to deliver significant benefits to the local and national economy.”

Share this Article

Sign up for News

 Enter Code

Latest Features

Transform your Business - Conference
John McClune, Lean Process Manager
Apr 19, 2018
New Middle East exports open up to Northern Ireland businesses
Noel Johnston, Regional Manager for Qatar, Iran and Kuwait
Apr 17, 2018
Access Invest NI’s Business Information Centre in the North West
Des Gartland, North West Regional Manager
Mar 26, 2018
Relationships, reputation and robust processes – why doing business in Africa is unique
Natasha Siniscalchi-Dönmez, Regional Manager Sub-Saharan Africa
Mar 23, 2018
GDPR video workshop - how to be compliant and keep your data safe
Danny Smyth, Information Governance & Data Protection Manager
Mar 16, 2018
Unpicking the EU negotiations
David Roberts, Invest NI Economist
Mar 15, 2018