Tag Archives: military aircraft

Boeing Publishes Commercial, Defense Aerospace Market Forecast; Marc Allen Quoted

Marc Allen Chief Strategy Officer Boeing

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. 

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Boeing Names Marc Allen, Michael Arthur, John Slattery to New Leadership Roles

Boeing (NYSE: BA) has appointed three executives to new leadership roles as part of efforts to build up the company’s partnerships and presence worldwide. Marc Allen, president of Boeing International, will transition to the role of senior vice president at Boeing and president of Embraer partnership and group operations, the Chicago-based …

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TransDigm Closes $4B Esterline Purchase

TransDigm Group (NYSE: TDG) has concluded its approximately $4B purchase of Esterline Technologies (NYSE: ESL) in a push to expand its proprietary and sole-source content platform for defense and aerospace sectors. TransDigm initially announced the deal on Oct. 10 and the company said Thursday Esterline shareholders will get $122.50 in cash per …

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Carlyle Group to Make Equity Investment in Military Aircraft Service Provider NORDAM

The Carlyle Group (Nasdaq: CG) signed an agreement to invest in NORDAM, a family-owned aerospace manufacturing and repair company, and will support the latter’s strategic plan and growth initiatives. The equity investment from the Carlyle Strategic Partners IV L.P. fund and debt financing will also help NORDAM emerge from Chapter …

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Boeing, Saudi Firm Create JV for Military Aircraft MRO Localization; Leanne Caret Comments

TYSONS CORNER, VA, April 4, 2018 — Boeing (NYSE: BA) has signed a memorandum of agreement with state-owned company Saudi Arabian Military Industries to create a new joint venture that aims to localize at least 55 percent of maintenance, repair and overhaul work for Saudi Arabia’s fixed- and rotary-wing military …

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