James Skulina, an executive vice president of TransDigm Group, has been appointed interim chief financial officer at the Cleveland-based aircraft components maker. He will succeed Terrance Paradie, who stepped down from the CFO role and will remain with Transdigm through April 2 to assist with the transition, the company said Tuesday. “[Skulina] has substantial experience as a […] More

Evercore, a New York-based global independent investment banking advisory firm, has released a monthly update highlighting previous and ongoing transactions it has supported in the aerospace, defense and government services markets. According to the report, a copy of which was received by Executive Mosaic, Evercore advised several aerospace and defense clients on mergers and acquisitions, including Aerojet Rocketdyne on its $4.7 billion sale to L3Harris Technologies.

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Ron Epstein, senior equity analyst at Bank of America Merrill Lynch, has said he expects defense-related investment accounts valued at approximately $179 billion to grow at a rate of 10 percent “depending on the year.” “Fiscal ’17 is where we are today, ’18 is transition, and then I expect to see acceleration going to fiscal […] More

Champion Aerospace, a TransDigm Group subsidiary, has been chosen by United Technologies Corp. to supply igniters, exciters and ignition leads to UTC’s aerospace systems under Life of Program agreements. UTC said Wednesday the UTV2 long-term supply contracts cover the provision of ignition components for UTC’s aerospace programs, such as aircraft auxiliary power units, F-35 Lightning […] More

Vincent Sandoval has joined engineered product provider CIRCOR International as president of the company’s aerospace and defense group, effective March 19. He most recently served as president of the Semco Instruments subsidiary TransDigm Group, CIRCOR announced Thursday. Scott Buckhout, CIRCOR president and CEO, said Sandoval will work to help the company improve its operating margins, […] More