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Tag Archives: aerospace and defense

Veritas Capital Raises $3.6B for Future Investment in Midmarket Tech Companies

Veritas Capital has raised $3.55 billion to fund future investments in technology-focused middle-market companies that support government-related and commercial organizations across various sectors. The private equity investment firm said Wednesday Veritas Capital Fund VI, which exceeded the target hard cap of $3 billion in four months, could go to investments in sectors such …

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Robin Lineberger Adds Global, US Aerospace & Defense Leadership Roles at Deloitte

Robin Lineberger, lead client service partner for the aerospace and defense industry practice at Deloitte, has been named global and U.S. leader for the professional services firm’s A&D segment. He will succeed the retiring Tom Captain, a 36-year company veteran who is set to retire by the end of fiscal year 2017, …

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Deloitte: Global Aerospace & Defense Revenues to Grow 2% in 2017

A new Deloitte study forecasts the global aerospace and defense industry’s overall revenue to grow 2 percent in 2017. Tom Captain, Deloitte global aerospace and defense leader,  said Monday sales in the defense sub-sector could expand 3.2 percent this year after multi-year declines in revenue on growth in U.S. security spending and higher military …

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Jacobs Moves Global HQ to Dallas

TYSONS CORNER, VA, Oct. 26, 2016 — Jacobs Engineering Group (NYSE: JEC) has unveiled a new 100, 000-square-foot global corporate headquarters at the Harwood Center in Dallas, Texas, ExecutiveBiz reported Tuesday. The company said Monday the move from the previous headquarters in Pasadena, California, to the new office works to expand its presence in …

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Bill Birkhofer: Commercial Space Among Jacobs’ Top Focus Areas for Opportunities

TYSONS CORNER, VA, Oct. 20, 2016 — Bill Birkhofer, senior vice president for aerospace and defense at Jacobs Engineering Group (NYSE: JEC), has said the company sees opportunities in commercial space launch services and the “commercialization” of low Earth orbit, ExecutiveBiz reported Tuesday. Birkhofer, an inductee into Executive Mosaic‘s Wash100 for …

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Deloitte: US Aerospace & Defense Exports Grew Almost 60% Over 5 Years

TYSONS CORNER, VA, April 15, 2016 — A report from Deloitte indicates that exports in the U.S. aerospace and defense sector increased by 58.9 percent over the past five years to reach $143.3 billion in 2015, ExecutiveBiz reported Thursday. The company said Wednesday the A&D industry in the U.S. exported the most …

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Raytheon, Lockheed Vet Daniel Crowley to Join Triumph Group as President, CEO

Daniel Crowley, former president of the integrated defense systems business segment at Raytheon (NYSE: RTN), will officially join Triumph Group on Monday as president and CEO of the Pennsylvania-based aircraft technology manufacturing company. He brings 32 years of aerospace and defense market experience to his new role and replaces Richard Ill, who …

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General Atomics Unveils Abu Dhabi Office to Serve MENA A&D Market

TYSONS CORNER, VA, November 11,  2015 — General Atomics has unveiled a new office in the United Arab Emirates to support its remotely piloted aircraft business in the Middle East and North Africa region, ExecutiveBiz reported Tuesday. The company said Sunday the Abu Dhabi office launched in August and works to address …

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Financial Times: Finmeccanica Halts DRS Sale Plan

Finmeccanica no longer plans to sell its DRS Technologies subsidiary as the Italian defense and industrial conglomerate holds a positive outlook in the defense sector for the rest of this year, Financial Times reported Sunday. Peggy Hollinger writes Finmeccanica also is not searching for a U.S. partner to purchase a stake in DRS but …

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Michael Lewis Joins Seabury Group as A&D, Govt Services SVP; Christopher Kubasik Comments

Michael Lewis, co-founder of The Silverline Group, has joined Seabury Group as senior vice president for the company’s aerospace, defense and government services business. He will report to Patrick Henry Dowling, senior managing director for corporate finance, and lead Seabury’s efforts to establish investment banking operations in the government sector, …

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