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Why BAE wants to share its expertise
AEROSPACE bosses on the Fylde are hoping their technology will help provide solutions for smaller businesses on the coast.
BAE Systems is to use its expertise from programmes such as the Herti project – an unmanned air vehicle – to help local businesses sort out their security queries.
Bosses say they will act as a bridge between the smaller businesses and the large defence contractors in the supply chain.
The defence giant has now launched its Investment in Innovation programme which aims to work more closely with small and medium-sized enterprises.
BAE Systems will provide cash support to firms with up to 250 staff – plus share the skills of its own experts in how to get access to the big players and win deals.
The company has already spent 1m investing in funding to help
develop new technology which has helped enhance security in places such as airports and railway stations.
Bosses hope the initiative will see BAE Systems provide support to businesses that can help develop new technology to improve security in the UK and worldwide.
David Mullin, manager of the Investment in Innovation programme at BAE Systems, said: "Small to medium businesses make a vital contribution to the UK's entrepreneurial culture.
"As a leading technology organisation, we recognise that engaging with these companies can stimulate even greater innovation, which will deliver better capability to our customers and ultimately help to ensure the future competitiveness of the UK economy.
"We aren't looking to take a stake in these companies.
"Instead, we are working with them to develop their technology for the benefit of both parties, which is an attractive proposition to many small firms."
BAE Systems also wants to use the technology to help develop its cyber-security, bio-metrics and surveillance systems.
The Herti project, which employs around 100 people at its Warton site, uses state-of-the-art surveillance technology in some of the world's most dangerous places.
So far only companies in the south of England have come forward to use the expertise and funding.
*For further information on the BAE Systems Investment in Innovation programme, visit www.baesystems.com/InvestmentInInnovation.
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Sunday 12 February 2012
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