We are a global company providing power solutions for customers in civil and defence aerospace, as well as the marine and energy markets. We support our customers through a worldwide network of offices, manufacturing and service facilities in more than 50 countries.
We seek to develop our customer relationships through long-term service contracts where we can grow strong business collaboration and host a regular programme of customer site visits.
Close collaboration with our suppliers is critical to our continued success. With more than 70 per cent of our manufacturing costs in our supply chain, suppliers make a vital contribution to our performance. We encourage them to work openly and collaboratively with us as we continually improve our operations.
We seek to build strategic relationships with governments in our key market. National governments are often our customers.
National governments and the EU set the legislative and policy framework within which our business must be conducted. They are also a potential source of funding and support for research and technology (R&T), research and development (R&D), manufacturing, education and training initiatives, as well as for certain capital projects.
We engage in dialogue to try to align our own business needs with the political, social, economic, industrial and commercial requirements of the national government and the EU.
We have a firm, long-standing commitment to the communities in which we operate around the world.
Our community investment activities support our strategy and future success, particularly in the areas of: recruitment and employee retention, employee engagement, professional development and our reputation in the community.
We work closely with partners in the wider community who have a deep understanding of the issues we wish to address. This helps to ensure that our programmes make a real difference to the communities and people who benefit from our activities.