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By Ross Wilkers
Feb 11, 2021
BlueHalo, a private equity-backed defense technology services company unveiled last year, has hired a new chief operating officer in nearly two-decade market veteran Katie Selbe.
She will be responsible for day-to-day program execution and organic growth across the company, BlueHalo said Thursday.
Most recently, Selbe was a senior vice president and general manager at Alion Science and Technology. She is also a 15-year veteran of Northrop Grumman.
Private equity firm Arlington Capital Partners created BlueHalo through a combination of five other companies, starting with the initial backing of Aegis Technologies in October 2019.
BlueHalo expected to end 2020 with roughly $250 million in revenue and nearly 900 employees.
Triumph Group Expands Aerospace Structures Divestitures To Arlington Capital Partners With Sale Of Its Red Oak Texas Operations
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BERWYN, Pa., Feb. 10, 2021 /PRNewswire/ Triumph Group, Inc. (NYSE:TGI) announced today that it has entered into a definitive agreement to sell its Red Oak, Texas operations to Arlington Capital Partners. The sale includes the Red Oak facility, together with its thermoplastic engineering capabilities. Arlington Capital Partners will combine the Red Oak business with the composites facilities it is separately acquiring from Triumph pursuant to a previously announced agreement. With the sale of Triumph s Red Oak and composites operations, Triumph continues to execute on its strategic path to value initiative to exit large structures manufacturing and reduce our leverage. This transaction will further reduce debt and enhance liquidity while moving the company towards its future state as a leading pr
Kylee Lee's lawsuit against a Virginia firm provides a window into an industry of federal contractors that has long been known for its lack of oversight and protections for workers.