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GECAS acquisition is right business at right time : AerCap chief | News

By Cirium2021-03-10T16:49:00+00:00 AerCap’s proposed $30 billion acquisition of GECAS is about “buying the right business at the right time at the right price”, the Irish lessor’s chief executive has said. The motivation behind the transaction is not “getting bigger for the sake of it”, AerCap chief Aengus Kelly said during a 10 March analyst call, but rather providing “attractive returns for investors for years to come”. Source: Tom Campbell Kelly: Acquisition is not about getting bigger for the sake of it AerCap announced earlier today that it had entered into a definitive agreement with General Electric to acquire 100% of GECAS for 111.5 newly-issued AerCap shares, $24 billion in cash and $1 billion of AerCap notes and/or cash. The deal marks AerCap’s fourth aircraft leasing business acquisition, following earlier absorptions of Debis AirFinance, Genesis Lease and ILFC.

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Aerospace Engine Market to See Major Growth by 2026 |Pratt & Whitney, Safran Aircraft Engines, Hindustan Aeronautics

Aerospace Engine Market to See Major Growth by 2026 |Pratt & Whitney, Safran Aircraft Engines, Hindustan Aeronautics
sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.

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Sikorsky added 1,000 workers in 2020 The company s new president promises more jobs this year at the Stratford helicopter manufacturer

Sikorsky added 1,000 workers in 2020. The company’s new president promises more jobs this year at the Stratford helicopter manufacturer. Stephen Singer, Hartford Courant The new president of Sikorsky Aircraft is settling in just after the helicopter manufacturer doubled its pace of hiring in 2020 and he’s promising to keep it up this year. Paul Lemmo, who took the top job Jan. 4, is leading Sikorsky, a subsidiary of defense giant Lockheed Martin Corp., as it rides a wave of strong, though not rising, military spending in response to threats in Asia. The Stratford manufacturer is designing and building three critical helicopter programs.

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Stocks that have emerged from the pandemic with underappreciated profit growth Plus, TSX small caps ranked by expected returns

Stocks that have emerged from the pandemic with underappreciated profit growth Plus, TSX small caps ranked by expected returns
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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Valence Everett Operations Obtains Unique Set of Lockheed Martin Approvals

Valence Everett Operations Obtains Unique Set of Lockheed Martin Approvals Share Article Valence Surface Technologies to provide the most comprehensive F-35 special processing capabilities in the Pacific Northwest. Valence could not be prouder of this achievement. Our Everett team worked closely with Lockheed Martin for most of last year, during a pandemic, to obtain these approvals. We are honored to now support the F-35 Joint Strike Fighter supply chain in the region. Chris Grapsas – VP, Sales & Marketing EVERETT, Wash. (PRWEB) March 09, 2021 Valence Everett continues to invest in and diversify its surface treatment capabilities in the Pacific Northwest with the addition of critical Lockheed Martin Aeronautics approved processes in support of the F-35 Joint Strike Fighter. Of particular importance is the addition of the environmentally friendly Thin Film Sulfuric Anodize process. Thin Film Sulfuric Anodize i

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