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Tag Archives: aviation

Ralph Alderson Named Dynamic Aviation SVP for Programs; Michael Stoltzfus Comments

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Ralph Alderson, former vice president for programs at L-3 Communications‘ (NYSE: LLL) unmanned systems division, has joined Dynamic Aviation as senior VP for programs. “He will be integral in guiding Dynamic Aviation’s strategic initiatives in the coming years,” Michael Stoltzfus, Dynamic Aviation president and CEO, said Tuesday. Alderson will oversee ...

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Jim Scott Named DRS Aviation, Comms & HS Group President

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Jim Scott, a 10-year veteran of DRS Technologies, has been appointed to lead the company’s aviation, communications and homeland security business unit as president. He most recently held the vice president and general manager roles within the global enterprise solutions group and has led support work for several U.S. military ...

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Textron Unit Buys Aviation Ground Support Firm TUG Technologies; Stefaan Ver Eecke Comments


Textron (NYSE: TXT) a subsidiary of E-Z-GO has purchased aviation ground support equipment manufacturer TUG Technologies Corp. from private-equity firm Jacobson Partners for an undisclosed amount. Kennesaw, Ga.-based TUG manufactures products including material handling vehicles and mobile heating and air-conditioning systems, in addition to providing aircraft ground services to commercial and ...

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John Gully: SAIC-Led Team to Help Army Sustain Missile Tech Under $836M Order

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Science Applications International Corp. (NYSE: SAIC) has been awarded a three-year, $836 million task order to provide system engineering and lifecycle support to the Army‘s Aviation and Missile Command. SAIC will lead a team of 285 contractors to work with the software engineering directorate at AMCOM’s Redstone Arsenal, Ala.-based research, development ...

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Marillyn Hewson: Lockheed Seeks Aviation IT Business Growth Through BEONTRA Buy

Marillyn Hewson

Lockheed Martin (NYSE: LMT) has bought airport planning and forecasting tools provider BEONTRA AG for an undisclosed amount. Marillyn Hewson, Lockheed chairman, president and CEO, said Tuesday that BEONTRA’s traffic and revenue planning portfolio will be integrated into Lockheed’s commercial aviation offerings. “BEONTRA’s capabilities expand our business in commercial airport information ...

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Textron Acquires Beechcraft for $1.4B; Scott Donnelly Comments


Textron (NYSE:TXT) has formed a new aviation segment following the acquisition of Beechcraft’s parent company Beech Holdings LLC for nearly $1.4 billion in cash. Scott Ernest, formerly president and CEO of Textron’s Cessna business, has been appointed CEO of Textron Aviation, which combines the Beechcraft and Cessna businesses, Textron said Friday. ...

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