Allan McArtor: Airbus Eyes Cyber Acquisitions, Growth Opportunities Abroad

Allan McArtor
Allan McArtor Allan McArtor, CEO of Airbus‘ North American subsidiary said the company is looking to drive business growth through overseas opportunities and cyber acquisitions, Defense News reported Sunday. Paul McLeary writes the company will market its Lakota trainer helicopter to foreign governments seeking to replace their legacy fleets. McCartor became CEO of Airbus Group Inc. in March,...

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

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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 government...

Vivek Saxena to Lead ICF Aerospace Supply Chain Work in VP Role; Sergio Ostria Comments

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Vivek Saxena, a former general manager at Pratt & Whitney, has joined ICF International (NASDAQ: ICFI) as a vice president for the consulting company’s SH&E business segment. The 20-year aerospace industry veteran will lead ICF’s work in the operations and supply chain fields for aviation and aerospace clients, the company said Monday. Sergio Ostria, an executive VP at ICF, said...

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 and engineering center, SAIC said...

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

Marillyn Hewson
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...

Textron Acquires Beechcraft for $1.4B; Scott Donnelly Comments

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Scott Donnelly 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. Scott Donnelly, Textron chairman...

DynCorp Wins $307M for Army Int’l Aviation Maintenance Services

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DynCorp International has won potential five-year, $307.1 million contract to help the U.S. Army perform aviation maintenance work in locations outside the continental U.S. The hybrid firm-fixed-price, cost-plus-incentive fee contract with Army Aviation and Missile Life Cycle Management Command contains one base year and four option years, the company announced Thursday. Work will occur at U.S. military...

Lockheed Awarded $440M National Airspace System Contract Extension; Rick Hieb Comments

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Lockheed Martin (NYSE: LMT) has been awarded a $440 million contract extension to continue performing integration and implementation services for the Federal Aviation Administration’s National Airspace System. The Bethesda, Md.-based company has performed task orders under the NAS Integration Support Contract for the past four years and will continue work through at least October 2017, Lockheed said...

Jeff Standerski to Head Rockwell Collins’ Info Mgmt Services Arm

Jeff Standerski
Jeff Standerski Jeff Standerski, a 25-year veteran at Rockwell Collins (NYSE: COL) and a former vice president and general manager, has been appointed to lead the aviation technology maker’s newly-formed information management services business that is partly comprised of ARINC, which Rockwell Collins purchased for $1.2 billion last year. The new business also contains the company’s flight...

Lockheed Wins $221M FAA Flight Service Station Extension; Jim Derr Comments

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Lockheed Martin (NYSE: LMT) has won a two-year, $221 million contract extension from the Federal Aviation Administration to continue helping general aviation pilots plan flights. The company provides flight planning briefings to thousands of pilots pear via a phone and inflight radio through its Flight Services online platform, Lockheed said Thursday. Jim Derr, director of aviation services for Lockheed’s...