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Tag Archives: aviation

Thomas Lydon Named Aviation Solutions Division President at VT Group

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 …

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Report: Carlyle Group Close to Sealing StandardAero Acquisition Deal

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 …

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Michael Huerta Joins Serco’s US Aviation Business as Senior Consultant; Dave Dacquino Quoted

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, …

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Boeing’s Leanne Caret Talks Career Opportunities for Engineers During Qatar University Visit

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 …

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Boeing Closes KLX Purchase; Stan Deal Quoted

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 …

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Iridium Taps Rockwell Collins as Certus Service Provider for Aviation Sector

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 …

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MAG Aerospace Buys North American Surveillance Systems; Joe Fluet Comments

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 …

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Reports: Inmarsat Turns Down EchoStar’s Takeover Offer

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 …

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George Krivo: DynCorp Eyes Continued Organic Growth in Core Markets

TYSONS CORNER, VA, April 3, 2018 — George Krivo, CEO of DynCorp International, has said the company is seeing opportunity for continued top- and bottom-line growth amid the current fiscal environment and the “attractiveness” of the company’s core logistics and aviation markets. He told ExecutiveBiz in an interview published March …

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FAA, Harris Vet Chris Metts Named Deloitte Federal Practice Specialist Exec

Chris Metts, formerly vice president of global aviation and air traffic management at Harris (NYSE: HRS), has joined Deloitte Consulting’s federal government practice as a specialist executive. Metts will lead Deloitte’s growth efforts in the federal transportation sector, particularly in the aviation segment, with a focus on leveraging big data, …

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