July 22, 2024 | International, Land
August 20, 2020 | International, Aerospace
by Marc Selinger
US-based Aero Precision and Kellstrom Defense have merged their operations to form a military aircraft sustainment firm named AllClear, according to a 17 August announcement.
The combined entity, which is privately owned, supports “over 40 platforms” for the US military and allied forces. It is based in El Segundo, California, where Kellstrom was headquartered, and its CEO is Darryl Mayhorn, who previously led Aero Precision.
AllClear said it has been integrating the two companies since March, when Aero Precision, which was a parts distribution firm, acquired Kellstrom, which specialised in maintenance, repairs, and overhauls.
When the acquisition occurred, Aero Precision said the deal would streamline sustainment by creating a “new bundle of parts and services”.
https://www.janes.com/defence-news/news-detail/aviation-firms-aero-precision-kellstrom-defense-merge
July 22, 2024 | International, Land
April 7, 2023 | International, Other Defence
NATO leaders' summits tend to be polite affairs ? but Sec.?Gen.?Jens Stoltenberg may have been needling Canada when he told foreign ministers recently the alliance sees the 2 per cent of GDP defence spending target "not as a ceiling but a floor."
April 21, 2021 | International, Land
Rheinmetall’s South African subsidiary Rheinmetall Denel Munition and Northrop Grumman signed a 10-year strategic partnership agreement to this effect in February 2021