Beechcraft

Generational Equity Advises Electronic Manufacturers Associated in its Sale to Private Investor

Retrieved on: 
Monday, February 27, 2023
Technology, Finance, Consulting, Engineering, Chemicals, Plastics, Aerospace, Professional Services, Manufacturing, Hardware, Indian Electrical and Electronics Manufacturers Association, SR, Honeywell, Rockwell Collins, Senior, Acquisition, Associated, Boeing, Equity, Cessna, Beechcraft, MRO, EMA, F16, Institute for Private Investors, Sale, F15, C-130, Airline, KC135, F5

Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Electronic Manufacturers Associated to a Private Investor.

Key Points: 
  • Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Electronic Manufacturers Associated to a Private Investor.
  • Located in Chatsworth, California, and founded in 1946, Electronic Manufactures Associated (EMA) is a well-established distributor of aircraft components and a reliable source of supply for spare parts for the aviation industries.
  • Parts include electrical components, avionics, engine parts, airframe parts, chemicals, raw materials, and hardware.
  • Generational Equity Executive Managing Director of M&A – Western Region, Stephen Crisham , Senior M&A Advisor, Kris Nielsen, with support from Sr.

Textron Aviation Special Missions Beechcraft King Air 260 chosen as new U.S. Navy Multi-Engine Training System (METS)

Retrieved on: 
Thursday, February 16, 2023
Other Defense, Professional Services, General Automotive, Automotive, Defense, Insurance, Chemicals, Plastics, Air, Transport, Finance, Aerospace, Manufacturing, Aircraft, NAVAIR, Beechcraft King Air, Government, United States Coast Guard, E-2, AOA, T-44, Naval Air Systems Command, Radio, Textron Aviation, EP-3, Aviation, METS, E-6, MV-22, Student, Pegasus, CV-22, ISR, Beechcraft, Multimedia, United States Marine Corps, Virtual reality, TACAN, P-8, VA-42 (U.S. Navy), Airline, Atmosphere of Earth, United States Navy

View the full release here: https://www.businesswire.com/news/home/20230215005839/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230215005839/en/
    Beechcraft King Air 260 Multi-Engine Training System (METS) T-54A for the U.S. Navy (Photo: Business Wire)
    The contract award is for up to 64 King Air 260 aircraft, which will be known as the T-54A.
  • The initial Lot I award will procure 10 new Beechcraft King Air 260 commercial aircraft and associated support.
  • The Beechcraft King Air 260 aircraft acquired under the METS contract will replace the Chief of Naval Air Training (CNATRA) fleet of T-44C Pegasus aircraft.
  • “We are honored the U.S. Navy has again selected the Beechcraft King Air to fulfill its training needs,” said Bob Gibbs, vice president, Special Missions Sales for Textron Aviation.

WeWork Announces New SoftBank Appointment, David Tolley, to Board of Directors

Retrieved on: 
Tuesday, February 7, 2023
Commercial Building & Real Estate, Construction & Property, Professional Services, Human Resources, Master of Business Administration, Lilly Broadcasting, WeWork, SES World Skies, Senior advisor, Executive, Investment, NYSE, Centennial Communications, Gold Toe Brands, University, Cumulus Media, Business administration, Partnership, Morgan Stanley, Beechcraft, Freedom Communications, The Conference Board, Creativity, Columbia Business School, Blackstone, OneWeb, Intelsat, Management, Virtual CFO, Economics

WeWork Inc. (NYSE: WE), the leading global flexible space provider, today announced that David Tolley, Board Member and former Chief Financial Officer at Intelsat S.A., has been appointed to the WeWork Board of Directors, effective February 2, 2023.

Key Points: 
  • WeWork Inc. (NYSE: WE), the leading global flexible space provider, today announced that David Tolley, Board Member and former Chief Financial Officer at Intelsat S.A., has been appointed to the WeWork Board of Directors, effective February 2, 2023.
  • Mr. Tolley succeeds Kirthiga Reddy, CEO, Virtualness, and President, Athena Technology II, who had served on WeWork’s Board since February 2020.
  • David Tolley brings over 25 years of experience creating and executing strategies that increase corporate valuation, cash flow, and revenue.
  • “The creativity, dedication and resilience of the WeWork team has impressed me day in, and day out.

Alpine Air Express Names Industry Leader Robert Frisch as Chief Operating Officer

Retrieved on: 
Wednesday, January 18, 2023
United Airlines, Algonquin Power & Utilities, Mail, Belcan, University, Alpine Air Express, Aviation, UPS, Beechcraft, Air Wisconsin, Maintenance, Law enforcement, Concord Law School, BS, FAA, Accredited Business Accountant, United States Postal Inspection Service, DHL, Business, Law, Airline, Alpine, United Express

PROVO, Utah, Jan. 18, 2023 /PRNewswire/ -- Alpine Air Express, Inc. ("Alpine" or "the Company"), a leading regional air cargo carrier providing critical air infrastructure supporting a wide range of integrated logistics operations throughout North America, announced today that Robert Frisch, an experienced leader with decades of expertise in aviation operations, regulation, and planning, has joined the Company as Chief Operating Officer (COO) effective January 31, 2023. Mr. Frisch will be based in the Company's corporate headquarters in Provo, UT.

Key Points: 
  • PROVO, Utah, Jan. 18, 2023 /PRNewswire/ -- Alpine Air Express, Inc. ("Alpine" or "the Company"), a leading regional air cargo carrier providing critical air infrastructure supporting a wide range of integrated logistics operations throughout North America, announced today that Robert Frisch, an experienced leader with decades of expertise in aviation operations, regulation, and planning, has joined the Company as Chief Operating Officer (COO) effective January 31, 2023.
  • In this newly created role, Mr. Frisch will be responsible for overseeing the Company's operations and aircraft maintenance management team, as well as leading Alpine's 119 positions.
  • Alpine is a leading Part-135 air cargo operator with blue-chip customers including UPS, the U.S.
  • Prior to joining Alpine, Mr. Frisch was Chief Operating Officer at Air Wisconsin Airlines Corporation, which currently performs flying services for United Airlines as United Express.

IS&S ThrustSense® Autothrottle adds STC for King Air G1000 flight decks and continues strong growth in the King Air market

Retrieved on: 
Wednesday, January 4, 2023
Audio, Video, Engineering, Technology, Air, Aerospace, Transport, Manufacturing, Mobile, Wireless, Beechcraft King Air, Beechcraft, FAA, STC, Certification, Multimedia, IS, Sugarcane Drought Tolerant strain NXI-4T, Federal Aviation Administration, Growth, Beechcraft Super King Air, VMCA, G1000, Atmosphere, Supplemental type certificate, ISSC, Airline

This certification allows ThrustSense to be installed on all certified glass cockpit systems for the King Air.

Key Points: 
  • This certification allows ThrustSense to be installed on all certified glass cockpit systems for the King Air.
  • View the full release here: https://www.businesswire.com/news/home/20230104005606/en/
    King Air 300 with IS&S ThrustSense® Autothrottle System Installed (Photo: Business Wire)
    The IS&S ThrustSense Autothrottle is a full regime system from take-off roll to landing phases of flight, including go-around.
  • “We’re seeing continued acceptance and growth of ThrustSense’s safety and performance by King Air operators throughout the world,” said Tom Grunbeck, IS&S Director of Autothrottle Programs.
  • ThrustSense is available for retrofit at authorized IS&S King Air Service centers world wide.

Textron Elects Thomas A. Kennedy to Board of Directors

Retrieved on: 
Wednesday, December 7, 2022
Insurance, Finance, Other Energy, Chemicals, Plastics, Automotive Manufacturing, Aerospace, Professional Services, Manufacturing, Energy, Executive, Arctic Cat, Aircraft, Raytheon Technologies, Rutgers University, Cessna, Kennedy, Donnelly (surname), Air Force Institute of Technology, UCLA, Beechcraft, United, Integrated Defense Systems, NYSE, Raytheon Company, Inc., Master of Science, Science and technology in Asia, Advanced Tactical Airborne Reconnaissance System, Bell, Multimedia, Engineering, United Technologies, Management, Hawker, Science, Textron

Textron Inc. (NYSE: TXT) announced that Thomas A. Kennedy has been elected to the companys Board of Directors, effective January 1, 2023.

Key Points: 
  • Textron Inc. (NYSE: TXT) announced that Thomas A. Kennedy has been elected to the companys Board of Directors, effective January 1, 2023.
  • Kennedy retired in June 2021 as the Executive Chairman of the Board of Directors of Raytheon Technologies, an aerospace and defense company that provides advanced systems and services for commercial, military and government customers globally.
  • View the full release here: https://www.businesswire.com/news/home/20221207005797/en/
    We are extremely fortunate to welcome Thomas Kennedy to our Board, said Textron Chairman and CEO Scott Donnelly.
  • Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Hawker, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, and Textron Systems.

Kautex Textron GmbH & Co. KG Receives Internationale Gesellschaft für Kunststofftechnik, SPE Central Europe Automotive Award

Retrieved on: 
Friday, November 11, 2022
Alternative Vehicles, Fuels, Automotive, General Automotive, Chemicals, Plastics, Oil, Gas, Automotive Manufacturing, Alternative Energy, Manufacturing, Energy, Autonomous Driving, Vehicles, Corrosion, Multimedia, ECE, United Nations Economic Commission for Europe, Enabling technology, Beechcraft, Vibration, Bell, Plant, Solution, Aluminium, Cessna, Chinese, Goal, AGRU Kunststofftechnik, Original equipment manufacturer, SPE, New product development, LANXESS, ECR, COVID-19, NYSE, Carbon footprint, Aircraft, Pentatonic scale, Arctic Cat, 3D printing, Audit, Textron, Hawker

Kautex Textron GmbH & Co., KG (Kautex) , a Textron Inc. (NYSE: TXT) company, announced it has received an Automotive Division Award from the Internationale Gesellschaft fr Kunststofftechnik, SPE Central Europe for its Pentatonic battery system.

Key Points: 
  • Kautex Textron GmbH & Co., KG (Kautex) , a Textron Inc. (NYSE: TXT) company, announced it has received an Automotive Division Award from the Internationale Gesellschaft fr Kunststofftechnik, SPE Central Europe for its Pentatonic battery system.
  • View the full release here: https://www.businesswire.com/news/home/20221111005013/en/
    Kautex's Pentatonic Battery System (Photo: Business Wire)
    The Pentatonic battery system received the award in the Enabler Technology category.
  • We are honored to be recognized by the SPE during this event, said Felix Haas, director Product Development for Kautex.
  • The Automotive Division Award of the Internationale Gesellschaft fr Kunststofftechnik, SPE Central Europe, is recognized for the quality of the entrants and its objective evaluation criteria.

Virgin Galactic Announces Primary Suppliers for Delta Class Spaceships

Retrieved on: 
Wednesday, November 2, 2022
Aerospace, Manufacturing, Aurora, OEM, Security (finance), Aurora Flight Sciences, Annual report, Coastal submarine, Textron, U.S. Securities and Exchange Commission, Efficiency, The Company, SEC, NYSE, Virginity, Workforce, Safety, Aircraft, Maintenance, Aviation, Company, Investor relations, Virgin Galactic, Arctic Cat, Beechcraft, Cessna, UTC Aerospace Systems, Forward-looking statement, Bell, RFP, Airline, Delta, Red oak (disambiguation)

Virgin Galactic Holdings, Inc. (NYSE: SPCE) (the Company or Virgin Galactic), an aerospace and space travel company, today announced that it has reached agreement with Bell Textron Inc. ("Bell") and Qarbon Aerospace to manufacture key subassemblies for the Companys new Delta class spaceships.

Key Points: 
  • Virgin Galactic Holdings, Inc. (NYSE: SPCE) (the Company or Virgin Galactic), an aerospace and space travel company, today announced that it has reached agreement with Bell Textron Inc. ("Bell") and Qarbon Aerospace to manufacture key subassemblies for the Companys new Delta class spaceships.
  • The Delta class spaceships are an evolution of our distinctive flight system, designed for improved manufacturability, maintenance and flight rate capability, said Virgin Galactic CEO Michael Colglazier.
  • Bell Vice President of Prototyping and Testing, Glenn Isbell said, We are honored Virgin Galactic has chosen Bell to support flight control technology and aircraft manufacturing for its Delta Class spaceship program.
  • The first Delta class spaceships are expected to commence revenue-generating payload flights in late 2025, progressing to private astronaut flights in 2026.

SmartSky Connectivity Solutions Available for Cessna Citation X Series Aircraft

Retrieved on: 
Wednesday, November 2, 2022
Data Management, Air, Technology, Transport, Telecommunications, Networks, Cessna Citation X, Textron Aviation, STC, Citation, Cessna Citation Sovereign, View, Aircraft, CONUS, ATG, Beechcraft, Cessna, Cessna Citation family, Airline

SmartSky Networks today announced the availability of SmartSkys air-to-ground (ATG) connectivity service offering for the Cessna Citation X series aircraft.

Key Points: 
  • SmartSky Networks today announced the availability of SmartSkys air-to-ground (ATG) connectivity service offering for the Cessna Citation X series aircraft.
  • The move follows the recent issuance of a supplemental type certificate (STC) for the aircraft and highlights SmartSkys plans to make its ATG connectivity available for over 7,000 business jets and turboprop aircraft across 14 aircraft models manufactured by Textron Aviation.
  • STCs are anticipated to expand beyond the Citation X series to include the Cessna Citation Excel 560 series, the Beechcraft King Air B200/250/300/350 series, and additional Textron Aviation models like the Cessna Citation Sovereign.
  • This Textron Aviation owned STC enables the more than 300 Cessna Citation X series aircraft to now take advantage of SmartSkys nationwide ATG network.

Textron Declares Quarterly Dividend

Retrieved on: 
Wednesday, October 26, 2022
Automotive Manufacturing, Aerospace, Manufacturing, Professional Services, Other Energy, Other Defense, Defense, Insurance, Energy, Finance, Chemicals, Plastics, Textron, NYSE, Cessna, Bell, Beechcraft, Aircraft, Common stock, Board, Arctic Cat, Holding company

The Board of Directors of Textron Inc. (NYSE:TXT) today declared a quarterly dividend of $0.02 per share on the companys Common Stock.

Key Points: 
  • The Board of Directors of Textron Inc. (NYSE:TXT) today declared a quarterly dividend of $0.02 per share on the companys Common Stock.
  • All dividends will be paid on January 1, 2023 to holders of record at the close of business on December 9, 2022.
  • Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services.
  • Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, and Textron Systems.