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Greg Beason, a more than 30-year aerospace industry veteran, has been appointed president and CEO of military aircraft sustainment services provider AllClear.
Read More »Greg Beason Named AllClear President and CEO
PSC Board Elects Sue Chodakewitz to Serve Three-Year Term
Sue Chodakewitz, president and CEO of consulting firm Nathan, has been appointed to serve a three-year term on the The Professional Services Council's board of directors. She will also serve on the PSC Council of International Development Companies Executive Advisory Board for 2021.
Read More »Boeing Publishes Commercial, Defense Aerospace Market Forecast; Marc Allen Quoted
Boeing has published its annual forecast for the commercial and defense aerospace market, the company reported on Tuesday. The report has analyzed the impact of the COVID-19 pandemic and Boeing's upcoming market dynamics. The 2020 Boeing Market Outlook (BMO) has reported that the commercial aviation and services markets will continue to face significant challenges as a result of COVID-19.
Read More »Aerospace Corp. Secures $1.1B USSF Contract Option for Systems Engineering, Integration Work
The U.S. Space Force has awarded Aerospace Corp. a one-year, $1.11B contract option to engineer and integrate systems for the national space community.
Read More »Lynn Bamford, Kevin Rayment Named Curtiss-Wright Segment Presidents
Curtiss-Wright (NYSE: CW) has promoted company veterans Lynn Bamford and Kevin Rayment to president of defense and power segments and head of commercial/industrial segment, respectively.
Read More »Hexcel, Woodward Aim to Form Aerospace & Defense Tech Company via Merger Deal
Woodward, a supplier of aircraft and industrial parts, has agreed to merge with composites manufacturing company Hexcel in an all-stock transaction that would create a $6.4B integrated systems provider to the aerospace and defense sectors.
Read More »Lance Kwasniewski: Belcan Expands Aerospace Footprint, Adds Digital Capability With Base2 Acquisition
Belcan, a portfolio company of AE Industrial Partners, has acquired technology and systems engineering consultancy Base2 Solutions for an undisclosed sum.
Read More »Spire Global Establishes DC Office to Support Federal Clients; Keith Johnson Quoted
Spire Global has established an office in Washington, D.C., to serve as a hub for the cloud analytics company to develop enterprise platforms designed to support government space data requirements. The D.C. facility represents Spire's third office in the country and its sixth worldwide.
Read More »PwC: Global Aerospace and Defense M&A Deal Value Reached $11.1B in Q3 2019
A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector was $11.1B in the third quarter of 2019 and the total deal value for year-to-date 2019 was $80.3B, increasing by 2.8x when compared with YTD 2018.
Read More »Jim Garrettson, CEO of Executive Mosaic, Presents Ellen Lord, DoD Acquisition Chief, Her Third Wash100 Award
Jim Garrettson, founder and CEO of Executive Mosaic, presented Ellen Lord, undersecretary of defense for Acquisition and Sustainment (A&S) with the Department of Defense, with her third Wash100 Award on Thursday.
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