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, nearly two months after the subsidiary’s parent company Airbus completed a rebranding from EADS.

The U.S. Army has bought 100 additional UH-72 Lakota helicopters to bring the branch’s total Lakota fleet number to 300, according to the report.

Lt. Col. Dave Cheney, product manager for Lakota helicopters, told reporters the twin-engine Lakota is slated for delivery to Fort Rucker, Ala. to replace the Army’s single-engine training helicopters, the report says.

McLeary writes Airbus is building six Lakota helicopters for the Royal Thai Army under a foreign military sale agreement worth $77 million.

McArtor also told reporters at an event in Mississippi that Airbus seeks to acquire small cyber technology firms in the future, Defense News reports.

Video of the Day

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about M&A Activity

Related Articles