Tag Archives: aviation

Vertex Aerospace secured a potential five-year, $175.5M contract to help manage and maintain the Drug Enforcement Administration’s worldwide aircraft fleet. DEA announced the Total Aviation Support Services contract award in a FedBizOpps notice posted Monday. The presolicitation notice stated that the selected contractor would support program management, aircraft, flight simulators …

Boeing (NYSE: BA) finalized its acquisition of web-based and mobile flight applications provider ForeFlight for an undisclosed sum as part of the company’s growth strategy. Ken Sain, vice president of digital solutions and analytics at Boeing, said in a statement published Wednesday the company will build on Foreflight’s accomplishments in …

Thomas Lydon, formerly a senior vice president at Sabre Systems, has joined Chantilly, Va.-based technology integrator VT Group as president of the newly established aviation solutions division. He will oversee the combined business of VT Group’s global aviation services and the logistics and engineering capabilities of the newly acquired National Technologies …

The Carlyle Group (Nasdaq: CG) is close to finalizing a deal worth more than $5B to buy StandardAero from Veritas Capital, Reuters reported Tuesday. Scottsdale, Ariz.-based StandardAero offers aviation maintenance, repair and overhaul support services to clients in military, general aviation and commercial sectors. Sources told Reuters the transaction could be disclosed …

Michael Huerta, formerly administrator of the Federal Aviation Administration, has been named a senior consultant for Serco Group‘s aviation business in the U.S. He will provide strategic guidance and play a role in the development of Serco Inc.‘s global aviation strategy in his new position, the company said Friday. The Reston, …

TYSONS CORNER, VA, November 12, 2018 — Leanne Caret, CEO of Boeing‘s (NYSE: BA) defense, space and security business, attended an event at Qatar University last month to discuss career opportunities in the aviation industry for engineering students, ExecutiveBiz reported Oct. 11. The university said Oct. 9 Caret, a two-time Wash100 …

Boeing (NYSE: BA) has wrapped up its $3.2B cash acquisition of Florida-based aviation parts and services provider KLX. The transaction is part of Boeing’s aerospace services market push and expands its offerings for defense, business, commercial and general aviation clients, the company said Tuesday. The Chicago-based planemaker first announced the …

TYSONS CORNER, VA, July 25, 2018 — Iridium Communications (Nasdaq: IRDM) has entered into a partnership with Rockwell Collins (NYSE: COL) to offer government, business and commercial aviation customers an L-band broadband service for aircraft connectivity, ExecutiveBiz reported Tuesday. Rockwell Collins will provide the Iridium Certus service as part of its …

MAG Aerospace has bought North American Surveillance Systems in a move to grow aircraft systems integration and technical service offerings. The deal adds more than 75 aircraft integration, modification, maintenance, repair and overhaul professionals to MAG’s workforce, the company said Monday. MAG works with federal customers to help them operate manned and unmanned …

Inmarsat has declined to accept Colorado-based EchoStar’s (Nasdaq: SATS) takeover bid, saying the offer “undervalued” the U.K.-based satellite communications provider, Reuters reported Saturday. “After carefully considering the proposal with its advisers the board rejected the proposal on the basis that it very significantly undervalued Inmarsat and its standalone prospects,” Inmarsat …