Welcome New
Teammates

Our Mission |

WELCOME FROM OUR CEO

“I am pleased to welcome you to our Vertex Team. This acquisition marks the beginning of a new and significant chapter in our company. It not only adds scale and diversity to the Vertex portfolio, but also expands the company’s service and product offerings with defense and government agencies, and commercial customers, both domestic and international. These new offerings enhance and accelerate our strategy to deliver a more integrated and comprehensive suite of solutions to our customers globally. Our company’s culture and proven performance are built on the legacy of Raytheon’s prior ownership of Vertex. I am certain that our combined competencies will create the most capable and accomplished team in the industry. We are committed to making the transition as seamless as possible for you and will use this page to keep you informed.”

Ed Boyington
President & CEO

CORPORATE HISTORY

THE VERTEX VALUES

At Vertex, we operate with Professionalism, Integrity, and Respect in everything we do.

Our values provide the foundation for our commitment to the highest level of ethical conduct which is a commitment we take very seriously.

Professionalism

Professionalism

We are professional at all times because we represent Vertex at all times. Conducting ourselves in a professional, respectful manner and taking responsibility for our actions while treating everyone the way we want to be treated is the standard for all communication.

Integrity

Integrity

We demonstrate integrity by being truthful and honest ensuring we do the right thing at all times, even when (especially when) no one is watching. By applying our values and principles to our daily business activities, our actions always reflect the highest level of ethical conduct. We each take responsibility for knowing the laws and regulations governing Vertex and meeting the company’s ethical standards.

Respect

Respect

We are mindful and respectful of each other’s boundaries, differences, and values as people. Whether our communication is with customers, suppliers, outside parties, or one another, we treat everyone with dignity, fairness, and courtesy. Vertex supports an inclusive culture where diversity in people and perspective is valued. We cooperate across organizational boundaries, focusing on adding value and earning the trust of our teammates.

Capabilities

Vertex’s divisions are supported by four FAA Part 145 Certified Repair Stations and are strategically aligned to offer both aerospace products and services allowing for vertical integration and team collaboration. By combining innovative systems, continuous improvement, lean business practices, and passionate leadership, we offer affordable, customer-focused solutions that increase operational readiness.

Aerospace Defense Services

Vertex’s ADS division provides worldwide, mission-critical maintenance, modification, repair, and overhaul (MMRO), and organic supply chain management support for more than 2,400 active fixed-wing, rotary-wing, and unmanned aircraft.

Aircraft Integration & Sustainment

Vertex’s AIS division is a fixed and rotary-wing center of excellence. Our FAA Part 145 Repair Station offers high-quality aircraft maintenance, modification, repair, and overhaul (MMRO), technical and supply-chain support, product manufacturing, assembly services, and engineering solutions.

Vertex Aerospace Logistics

The Vertex Supply Chain competency allows for rapid and cost-effective logistics management. We leverage our network of over 900 OEM-approved FAA-certified parts suppliers to consistently meet unscheduled maintenance challenges.

WHAT IT MEANS TO BE “ALL-IN” FROM SENIOR LEADERS

All-In is a total commitment...

When it comes to our Vertex culture, All-In is a total commitment to our mission and the team while embracing diversity of thought and leveraging our differences for the betterment of ourselves and the organization.

Ed Boyington

Vertex President & CEO

All-In means living the company’s mission statement

All-In means living the company’s mission statement on a daily basis in everything that I do. We have the privilege to work in an industry where our efforts have a lasting impact on our nation’s security. Our differences are like the quilt my grandmother made for me when I was a young child. The patchwork of many different pieces of cloth carefully sewn together into an All-In single fabric was vibrant, alive, strong and enduring. My goal is to help support a culture that sews together the same sort of fabric and character for our company.

Bill Beard

Vertex SVP of Strategy & Operations

All-In is simply the willingness and passion to make personal sacrifices

All-In is simply the willingness and passion to make personal sacrifices for the wellbeing and collective good of Team Vertex. Each and every day ADS harnesses the tremendous power of its diverse workforce of over 2400 employees who are all committed to the philosophy of being “all in” to proudly achieve our mission of providing world class aerospace defense services which are second to none. The base of our strength clearly comes from the diversity of our people and we focus that strength by being inclusive, which separates us from our competitors. One Team One Fight! Go Vertex!

Richard 'Vinny' Caputo

Vertex SVP & General Manager Aerospace Defense Services

All-In: being individually driven and team oriented

All-In: being individually driven and team oriented to exceed goals. Each of us respectfully encourage Inclusion of Diversity and this is paramount in our culture of Continuous Improvement. The results of Continuous Improvement leads to efficiency and efficiency improves our competiveness and ability to grow.

Don Davis

Vertex SVP Aircraft Integration & Sustainment

All-In is our culture cornerstone

All-In is our culture cornerstone of commitment to service that is made stronger when we respect the diversity of our people by being inclusive of their contributions in making Vertex “A Great Place to Work”.

Rick Mendoza

Vertex SVP Chief People Officer

All-In is leaving no stone unturned to ensure the success of Vertex and our customers.

All-In is leaving no stone unturned to ensure the success of Vertex and our customers. Our employees and suppliers are a very important part to the overall success of the company. We value our suppliers as teammates, not just a vendor, which allows us to achieve success as a united front in order to support the men and women in uniform. Ensuring you are partnering with a world-class team, my goal is to cultivate a team of one, founded on diversity and inclusion.

Kelly Miller

Vertex SVP of Aerospace Logistics

All-In is a commitment of the will.

All-In is a commitment of the will. A commitment that I will sacrifice for my teammates and give all that I have toward Team Vertex’s success and mission. A commitment that winning in business is the passion, and Team Vertex is bigger than me. Team Vertex wins most when we capitalize on the diverse backgrounds of our people – our most important asset.

Bob Sill

Vertex SVP Finance & Chief Financial Officer

VERTEX AWARDS

OUR GREATEST ASSET: OUR PEOPLE

Similar to the propeller on an aircraft, Vertex operates its business ensuring it is accurately weighed and strategically aligned to stay balanced for a safe guided mission. In order to support our warfighters so they can focus on mission success, we must take care of our 3,500+ people. We are committed to providing a culture of wellbeing covering all aspects of an employee’s life.

CURRENT CUSTOMERS WE PROUDLY SUPPORT

  • Marine Corps
  • Air Force
  • Army
  • Navy
  • Kuwait Air Force
  • Royal Netherlands Air Force
  • Coulson Aviation
  • Leonardo
  • Leidos
  • BAE Systems
  • Lockheed Martin

FAQS

Since the transaction is expected to close in early December 2021, what is the Vertex Aerospace holiday schedule? Will Vertex accommodate Raytheon’s legacy schedule?

  • There will be no changes to the RTX holiday schedule for 2021.  Our holiday schedule for 2022 is below*:

What is the Vertex PTO policy? Is there a limit on the number of hours?   

  • Our PTO schedule will be included in the 2022 Benefits Summary that will be made available prior to close.  The policy allows carryover of up to 120 hours*.

Will RTX employee PTO rollover to Vertex Aerospace?

  • Earned and unused PTO at the time of close will rollover to Vertex and carryover from 2021 to 2022 will follow the Raytheon schedule, which is forty (40) hours.

Does Vertex offer PTO buyback?

  • We offer PTO sell (buyback) in hardship scenarios*.

Will my RTX company service credit be honored with Vertex?

  • We will provide transitioning employees full credit for the length of service with RTX for the purposes of eligibility and vesting under benefit plans and policies.

As a transitioning employee, what should I expect with regard to salary and total compensation as I transition to Vertex? Will it go up, down or remain the same?

  • There will be no changes to base pay rates with the transition to Vertex.  We will compare the compensation structure employees are receiving today against the Vertex compensation model. Generally, compensation and benefits, in the aggregate, under Vertex immediately after the close of the transaction will have a value, in the aggregate, that is substantially comparable to the aggregate value of your compensation and benefits today.

When does Vertex do annual performance reviews and merit increases? What will this process be like for transitioning Raytheon employees in early 2022?

  • The performance review process begins at the end of the calendar year, merit process for eligible Vertex employees occurs in the first quarter of each year.  We are reviewing the merit and performance review process with RTX. Vertex will communicate how performance reviews and the merit period for those transitioning employees will be accomplished*.

Does Vertex offer modified work schedules, such as 4/10 and 9/80s? Will Raytheon employees be allowed to maintain their work schedules?

  • We offer alternate work schedules in locations that require it to meet customer requirements and as long as those schedules meet federal, state, and/or local labor law standards, such as the Fair Labor Standards Act (FLSA). Raytheon employees will be allowed to maintain their current work schedules at transition.

Will the company match (if applicable) in the Vertex 401k Master Savings Plan (MSP) be different?

  • The standard Vertex company match for non-union employees is 100% up to 5%. If you are represented by a CBA, your match/contribution will be in accordance with a negotiated CBA*.

Is there a vesting period in the Vertex 401k MSP?

  • Our 401k MSP has a 3 year graded vesting schedule as outlined below.  As indicated in question #5 above, all RTX credit counts towards our plan’s vesting schedule.

Could you please provide a full summary of benefits?

  • A 2022 Employee Benefits Guide will be provided prior to the date the transaction closes.

Will you share an employee handbook? Will benefits be effective on day 1 of employment?

  • We do not use an Employee Handbook model. All transitioning employees will be provided access to all applicable policies, procedures, and processes during the on-boarding process via the Vertex intranet portal for employees to access anytime.

When will employees make benefits selections?

  • Vertex and Raytheon are working to plan the transition of employees to Vertex HR systems to facilitate an Open Enrollment in early-mid December 2021 timeframe.

Does Vertex offer parental (paternal/maternal/other) leave?

  • We allow applicable leaves of absence, such as federal Family Medical Leave Act (FMLA), state/local/other available leaves of absence. We also provide Short-Term Disability coverage to all employees as a paid benefit.

What are the programs and policies at Vertex related to Diversity, Equity & Inclusion?

  • We value a culture of diversity, equity and inclusion while promoting its core values. We have policies and processes in place, are an equal opportunity employer, and prioritize an inclusive environment welcoming people of all backgrounds. The Vertex Difference is empowering diversity and being a team of one: One Team – One Fight!

What is the Vertex policy on requiring COVID vaccinations?

  • We require all employees to obtain a COVID vaccine as a condition of employment. Transitioning employees are expected to be fully vaccinated by January 1, 2022, except if any transitioning employee is assigned to a “Covered Contract” – all government contracts awarded after October 15, 2021, and in any pre-existing contract when an option is exercised or term extended that includes the clause described in Section 2(a) of the Executive Order, they are expected to be fully vaccinated by December 8, 2021. Employees may request a medical or religious accommodation. If approved, non-vaccinated employees will be required to submit weekly testing and must wear an approved face mask while at work location.

I currently have a company computer/laptop/phone; are we getting new ones?

  • Employees will keep the same company phones, computers, and laptops for the 24-month Transition Services Agreement period. After that time, Vertex will determine if the assets transfer or are replaced.

Does Vertex offer remote work?

  • Remote work is authorized by position requirements or other approved circumstances.

What will happen to Raytheon employees who are part of a collective bargaining agreement?

  • We will recognize the Unions as representatives of employees in the current bargaining units.

What about SCA?

  • We will evaluate the benefits employees subject to the Service Contract Labor Standards (SCLS – formerly SCA) receive as a Raytheon employee and compare them to Vertex benefits. Those benefits will be communicated in the 2022 Employee Benefits Guide which will be made available prior to close.

When and how is Vertex going to communicate the process and schedule for transitioning employees including transfer of employment?

  • We have created an external onboarding page that provides new employees required onboarding information, POC’s, Q&A’s, etc. The site, address below, will be live soon. The schedule and on-boarding process for domestic and international employees will be communicated to each employee and posted, likely in mid to late November, to the onboarding site prior to close.

vtxaero.com/careers/welcome-new-teammates

When will we officially become Vertex employees?

  • You will become a Vertex employee immediately after the close of the sale. The date will be communicated to all employees in advance.

What are the advancement opportunities for RTX employees at Vertex?

  • We understand our most valuable asset is our people.  Vertex has a “Performance-Based” company culture where people understand their job and what is expected of them. Vertex has a very diverse business portfolio with opportunities for skilled artisans, exempt professional subject matter experts, and management growth opportunities. We provide internal employees a preferential opportunity for advancement before hiring externally.

Does Vertex, within their HR systems, have categorization at the personnel level such as Labor Grade or Labor Category?

  • We have established salary grades for all positions Direct/Indirect classifications are identified. These will be mapped to RTX salary grades and classifications.

Vertex seems heavy in government how does commercial training fit in to the bigger picture?

  • The diversity of the portfolio was one of the primary reasons that Vertex pursued this transaction.  We are very excited about the training capabilities that exist within the Commercial Training and Defense Training segments.  We see a variety of opportunities to improve the efficiency of its existing programs and improve the competitiveness of its offerings for new business utilizing the excellent training competencies and capabilities that exist within the transitioning business.

*If you are a union member covered by a Collective Bargaining Agreement (CBA), this information applies unless otherwise addressed in your CBA.