27 July 2009

Triumph Group names Jeffry D. Frisby President and COO

Triumph Group announced that Jeffry D. Frisby, Group President, Triumph Aerospace Systems Group, has been named President and Chief Operating Officer of the company. Richard C. Ill, currently President and Chief Executive Officer, has been appointed Chairman and will continue to serve as Chief Executive Officer of Triumph Group. David Kornblatt, currently Senior Vice President […]

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SIA Engineering posts group profit of $45.1 million for 1st quarter 2009-10

SIA Engineering recorded a profit attributable to equity holders of $45.1 million, a decrease of $13.6 million or 23.2% from the same quarter last year. The Group operating profit of $12.3 million was $4.1 million or 25.0% lower compared to the first quarter last year. Revenue declined $6.0 million or 2.4% to $244.2 million mainly

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Hawker Beechcraft announces launch of Beechcraft King Air C90GTx

Hawker Beechcraft Corporation (HBC) announced the launch of the new Beechcraft King Air C90GTx . The new C90GTx features enhancements to both payload and performance while remaining one of the greenest and most efficient aircraft available. The C90GTx marks the eighth major King Air upgrade the company has introduced since 2003.

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Garmin reveals G500 all-glass cockpit for part 23 class I/II aircraft

Garmin International a unit of Garmin Ltd a global leader in satellite navigation, announced the G500, a new avionics suite designed specifically for Part 23 Class I and Class II aircraft, which are defined as single and twin-engine piston and turbine engine aircraft under 6,000 pounds. The G500 is similar in design to Garmin

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TransDigm acquires Acme Aerospace

TransDigm Group Incorporated announced that it has acquired the stock of Acme Aerospace from a subsidiary of Actuant Corporation, for approximately $40 million in cash. Acme supplies proprietary, highly engineered components to the commercial aerospace industry. Acme has annual revenues of approximately $18 million and employs approximately 90 people in its Tempe, Arizona facility. Acme

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