Boeing Rotorcraft Systems

MD Helicopters Announces New Ownership and Leadership

Retrieved on: 
Friday, September 9, 2022

MESA, Ariz., Sept. 9, 2022 /PRNewswire/ -- MD Helicopters, LLC (MDH) is pleased to announce new ownership and leadership. An investment consortium led by MBIA Insurance Corp., Bardin Hill, and MB Global Partners has acquired the company and established new leadership.  

Key Points: 
  • MESA, Ariz., Sept. 9, 2022 /PRNewswire/ -- MD Helicopters, LLC (MDH) is pleased to announce new ownership and leadership.
  • Brad Pedersen will lead the team as MD Helicopters' President and CEO.
  • Pedersen started his career at Hughes Helicopters and has almost 20 years of Engineering and Leadership experience with the MD Helicopter product lines.
  • To learn more about MD Helicopters, visit us at mdhelicopters.com , or follow us on Facebook , Twitter , Instagram , and LinkedIn .

Spirit AeroSystems Names Fitzgerald, Shanahan to Board of Directors

Retrieved on: 
Friday, November 12, 2021

Spirit AeroSystems Holdings, Inc. (NYSE: SPR) today announced that William A. Fitzgerald and Patrick M. Shanahan have been named to the companys Board of Directors, effective November 12.

Key Points: 
  • Spirit AeroSystems Holdings, Inc. (NYSE: SPR) today announced that William A. Fitzgerald and Patrick M. Shanahan have been named to the companys Board of Directors, effective November 12.
  • View the full release here: https://www.businesswire.com/news/home/20211112005894/en/
    Both Fitzgerald and Shanahan have decades of executive leadership experience in the aerospace industry.
  • Bill Fitzgerald and Pat Shanahan bring deep knowledge of the aerospace and defense markets that will benefit Spirit as we grow across our commercial, defense and space, and aftermarket segments, said Spirit AeroSystems Board Chair Robert Johnson.
  • Spirit AeroSystems is one of the worlds largest manufacturers of aerostructures for commercial airplanes, defense platforms, and business/regional jets.

Zanite Acquisition Corp. Announces Appointment of Patrick M. Shanahan to its Board of Directors

Retrieved on: 
Wednesday, September 15, 2021

Zanite Acquisition Corp. (Nasdaq: ZNTEU, ZNTE, ZNTEW) (the Company or Zanite) today announced the appointment of Patrick M. Shanahan to the Companys Board of Directors (the Board).

Key Points: 
  • Zanite Acquisition Corp. (Nasdaq: ZNTEU, ZNTE, ZNTEW) (the Company or Zanite) today announced the appointment of Patrick M. Shanahan to the Companys Board of Directors (the Board).
  • Mr. Shanahan will serve as a member of the Audit Committee and the Compensation Committee of the Board.
  • At the same time, we are pleased to welcome Mr. Shanahan to the Board, said Zanites Co-CEO Steven Rosen.
  • Patrick M. Shanahan served as the 33rd United States Deputy Secretary of Defense from July 19, 2017 until Jan. 1, 2019.

Xeriant Expands Advisory Board with Former DOD NAVAIR Executive

Retrieved on: 
Monday, August 16, 2021

BOCA RATON, Fla., Aug. 16, 2021 (GLOBE NEWSWIRE) -- Xeriant, Inc. (OTC PINK: XERI) (the Company or Xeriant), an aerospace technology company, announced today the appointment of Robert Carullo to the Companys Advisory Board.

Key Points: 
  • BOCA RATON, Fla., Aug. 16, 2021 (GLOBE NEWSWIRE) -- Xeriant, Inc. (OTC PINK: XERI) (the Company or Xeriant), an aerospace technology company, announced today the appointment of Robert Carullo to the Companys Advisory Board.
  • I look forward to working with the Xeriant team at this exciting time in our industry.
  • Mr. Carullo currently serves as the Executive Director of the Strengthening Mid-Atlantic Region for Tomorrow (SMART) Congressional Initiative.
  • Xeriant is located at the Research Park at Florida Atlantic University in Boca Raton, Florida adjacent to the Boca Raton Airport.

Annual Strategy Dossier 2020: Top 6 Global Military Rotorcraft Manufacturers - Airbus Helicopters, Bell, Boeing, Leonardo, Sikorsky, and Russian Helicopters - ResearchAndMarkets.com

Retrieved on: 
Friday, August 7, 2020

The "Annual Strategy Dossier - 2020 - Global Top 6 Military Rotorcraft Manufacturers - Airbus Helicopters, Bell, Boeing, Leonardo, Sikorsky, Russian Helicopters" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Annual Strategy Dossier - 2020 - Global Top 6 Military Rotorcraft Manufacturers - Airbus Helicopters, Bell, Boeing, Leonardo, Sikorsky, Russian Helicopters" report has been added to ResearchAndMarkets.com's offering.
  • Russian Helicopters is well positioned & oriented to address the rest at the lower end of the market across Asia, parts of Africa & the Middle East.
  • Against this backdrop, the report analyses & provides comprehensive insights into the Top 6 Global Military Helicopter Manufacturers with focus on a blend of quantitative & qualitative analysis.
  • The report provides detailed analysis on Helicopter Manufacturers, including, Comprehensive Analysis of Key Strategies & Plans, product portfolio & financial analysis and SWOT analysis.

Helicopters Market worth $36.9 billion by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, July 29, 2020

The US was the highest military spender in 2019, with a large chunk of the investment focused on the procurement of various military helicopters.

Key Points: 
  • The US was the highest military spender in 2019, with a large chunk of the investment focused on the procurement of various military helicopters.
  • The US is a lucrative market for helicopter OEMs in the North American region as the government is investing increasingly to enhance the quality and effectiveness of helicopters and their systems.
  • For instance, in September 2018, Boeing (US) won a USD 2.4 billion helicopter contract from the US Air Force for the procurement of 84 Boeing MH-139 helicopters.
  • Civil usage of helicopters for transport and emergency services has also generated a demand for helicopters for civil applications in the US.

Helicopters Market worth $36.9 billion by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, July 29, 2020

The US was the highest military spender in 2019, with a large chunk of the investment focused on the procurement of various military helicopters.

Key Points: 
  • The US was the highest military spender in 2019, with a large chunk of the investment focused on the procurement of various military helicopters.
  • The US is a lucrative market for helicopter OEMs in the North American region as the government is investing increasingly to enhance the quality and effectiveness of helicopters and their systems.
  • For instance, in September 2018, Boeing (US) won a USD 2.4 billion helicopter contract from the US Air Force for the procurement of 84 Boeing MH-139 helicopters.
  • Civil usage of helicopters for transport and emergency services has also generated a demand for helicopters for civil applications in the US.

Bristow Group To Combine With Columbia Helicopters In A $560 Million Transaction, Creating A Leading Global Diversified Industrial Aviation Solutions Company

Retrieved on: 
Friday, November 9, 2018

HOUSTON, Nov. 9, 2018 /PRNewswire/ --Bristow Group Inc. (NYSE: BRS),the leading provider of global industrial aviation services, announced today that it has signed a definitive agreement to combine with privately-held Columbia Helicopters, Inc. ("Columbia") for $560 million.

Key Points: 
  • HOUSTON, Nov. 9, 2018 /PRNewswire/ --Bristow Group Inc. (NYSE: BRS),the leading provider of global industrial aviation services, announced today that it has signed a definitive agreement to combine with privately-held Columbia Helicopters, Inc. ("Columbia") for $560 million.
  • Bristow believes it will be able to utilize its existing net operating losses to optimize the combined company tax position.
  • On behalf of everyone at Columbia, we are looking forward to partnering with Bristow to redefine the industrial aviation industry."
  • The company owns, operates and maintains a fleet of Columbia Model 107-II Vertol, Columbia Model 234 Chinook, and Columbia Model CH-47D Chinook helicopters.

Global CFC Market for Aerospace Industry Analysis and Forecast, 2017-2023: Industry is Expected to Grow at a CAGR of 5.1% with Profiles of Major Suppliers & Tier 1 and Tier 2 Companies

Retrieved on: 
Monday, September 24, 2018

The global CFC market for the aerospace industry is expected to grow at a CAGR of 5.1% from 2018 to 2023.

Key Points: 
  • The global CFC market for the aerospace industry is expected to grow at a CAGR of 5.1% from 2018 to 2023.
  • CFC is widely used in the commercial and military aircraft.
  • Boeing Vertol used composites for rotorcraft fairings in the 1950s and made the first composite rotor blades in the 1970s.
  • Additionally, the presence of leading aircraft manufacturers in the European CFC market is expected to increase the demand of CFC in the region.