Earlier this year MAG Aerospace graduated from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) Program and Virginia Business interviewed MAG Aerospace’s CEO Joe Fluet about his experience with the program and how it benefited international growth. An excerpt from the article is below, visit Virginia Business online here to read the full article.
June 29, 2016
by Jessica Sabbath
A new focus on trade
For years, Virginia’s business community has sought ways to increase exporting opportunities. “We have been looking at international trade as an important feature of transitioning into a new Virginia economy,” says Barry DuVal, president and CEO of the Richmond-based Virginia Chamber of Commerce. “We recognize that 95 percent of the world’s population lives outside the U.S., and providing more tools for businesses to export their products and services will provide more opportunities in the world market.”
VEDP’s International Trade division now houses Virginia’s export-assistance programs, which have received rave reviews from many companies. “I haven’t run into another government organization that acts more like a consulting firm than VEDP,” says Joe Fluet, CEO of Momentum Aerospace Group, a firm that provides aerial surveillance to the U.S. government. The company recently expanded internationally, exporting to the United Arab Emirates, the Philippines, Canada, NATO and the United Nations.
The Woodbridge-based company graduated earlier this year from VEDP’s Virginia Leaders in Export Trade (VALET), a two-year program designed to increase participants’ international sales. “We were treated like clients. They were responsive and tried to go above and beyond and cared a lot about whether I was happy or satisfied with their services,” says Fluet.
About MAG Aerospace
MAG Aerospace, headquartered in Woodbridge, VA, is a leader in providing and enabling global situational awareness to make the world smaller and safer. Private equity backed by the Clairvest Group, MAG Aerospace delivers manned aerial surveillance (Airborne ISR), unmanned aircraft systems (UAS), and aviation training services to federal, global, and commercial customers around the world. MAG Aerospace is a MAG Global Company. For more information, visit www.magaero.com.