Latest news with #AllClearAerospace&Defense
Business Wire
17-06-2025
- Business
- Business Wire
Airborne Technologies and Williams Aerospace & Manufacturing, AllClear Companies, Partner with Derco, a Lockheed Martin Company on the C-130 Hologram Products Program
BUSINESS WIRE)--AllClear Aerospace & Defense is pleased to announce that its subsidiaries, Airborne Technologies and Williams Aerospace & Manufacturing, have partnered with Derco, a Lockheed Martin Company, in support of the C-130 Hologram Parts Program. This partnership certifies both AllClear subsidiaries to produce certified Lockheed Martin Hologram Program C-130 B-H legacy parts. Certified Hologram parts are Lockheed Martin-designed and certified C-130 B-H spare parts that are manufactured to detailed Lockheed Martin specifications. Lockheed Martin-designed parts typically include general structural components as well as flight control surfaces, landing gear, and various other components and assemblies. 'We are excited to partner with Derco to continue our growth and increased support of the C-130 Hologram Parts Program,' said Brent Wisch, Sr. Vice President, Global Sales & Business Development at AllClear Aerospace & Defense. 'This partnership reflects our ongoing commitment to delivering certified, mission-ready solutions that enhance aircraft readiness and support our customers around the world.' About Airborne Technologies Airborne Technologies was founded in 1972 and is in Camarillo, California. Their over-50,000-square-foot facility provides manufacturing, overhaul, design, engineering, and warehousing capabilities. They have over 14,000-line items available for the C-130 Hercules transport aircraft. Their certifications include Lockheed Martin-Certified Parts Program licensee, Lockheed Martin-approved for spot welding, Boeing ANSI/ASQC Q9002, and AS9100D and ISO 9001:2015 registrations compliance. About Williams Aerospace & Manufacturing Williams Aerospace & Manufacturing is an aerospace aftermarket manufacturer of replacement parts for military aircraft. Headquartered in Camarillo, CA, the company has another location in Piedmont, SC. Their products include structural airframe components, canopy enclosures, complex assemblies, soft goods, tube bending, machined parts, and thermoforming parts. They can produce different parts for various platforms, including C-130, F-16, and P-3 series Lockheed Martin aircraft. About AllClear Aerospace & Defense AllClear Aerospace & Defense is the military aviation aftermarket industry's leading provider of mission ready solutions. We provide excellence in sustainment for the U.S. militaries and its allies. Headquartered in Miramar, Florida, AllClear's sustainment solutions cover the most utilized military aircraft platforms, supported with distribution agreements from leading OEMs, in-house and managed repair services, engineered products, manufacturing, and logistics solutions. AllClear represents more than 30 years of defense aerospace sustainment experience and expertise, focused on the bigger mission mindset of keeping militaries mission ready. AllClear locations include Abu Dhabi, UAE; Camarillo, CA; Cambridge, UK; Greenville, SC; Macon, GA; Miramar, FL; Seoul, S. Korea; South San Francisco, CA; and Tokyo, Japan. To learn more visit About Derco, A Lockheed Martin Company Derco, A Lockheed Martin Company is a trusted provider of aircraft spares, logistics, and technical solutions, serving customers worldwide since 1979. With strong relationships with top OEMs, we maintain a vast and diverse inventory of aircraft spares. As a full-service logistics solutions provider, we support military and commercial fleets in 65 countries, delivering integrated solutions that drive efficiency and reliability. About Lockheed Martin Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at
Yahoo
17-06-2025
- Business
- Yahoo
Airborne Technologies and Williams Aerospace & Manufacturing, AllClear Companies, Partner with Derco, a Lockheed Martin Company on the C-130 Hologram Products Program
CAMARILLO, Calif., June 17, 2025--(BUSINESS WIRE)--AllClear Aerospace & Defense is pleased to announce that its subsidiaries, Airborne Technologies and Williams Aerospace & Manufacturing, have partnered with Derco, a Lockheed Martin Company, in support of the C-130 Hologram Parts Program. This partnership certifies both AllClear subsidiaries to produce certified Lockheed Martin Hologram Program C-130 B-H legacy parts. Certified Hologram parts are Lockheed Martin-designed and certified C-130 B-H spare parts that are manufactured to detailed Lockheed Martin specifications. Lockheed Martin-designed parts typically include general structural components as well as flight control surfaces, landing gear, and various other components and assemblies. "We are excited to partner with Derco to continue our growth and increased support of the C-130 Hologram Parts Program," said Brent Wisch, Sr. Vice President, Global Sales & Business Development at AllClear Aerospace & Defense. "This partnership reflects our ongoing commitment to delivering certified, mission-ready solutions that enhance aircraft readiness and support our customers around the world." About Airborne Technologies Airborne Technologies was founded in 1972 and is in Camarillo, California. Their over-50,000-square-foot facility provides manufacturing, overhaul, design, engineering, and warehousing capabilities. They have over 14,000-line items available for the C-130 Hercules transport aircraft. Their certifications include Lockheed Martin-Certified Parts Program licensee, Lockheed Martin-approved for spot welding, Boeing ANSI/ASQC Q9002, and AS9100D and ISO 9001:2015 registrations compliance. About Williams Aerospace & Manufacturing Williams Aerospace & Manufacturing is an aerospace aftermarket manufacturer of replacement parts for military aircraft. Headquartered in Camarillo, CA, the company has another location in Piedmont, SC. Their products include structural airframe components, canopy enclosures, complex assemblies, soft goods, tube bending, machined parts, and thermoforming parts. They can produce different parts for various platforms, including C-130, F-16, and P-3 series Lockheed Martin aircraft. About AllClear Aerospace & Defense AllClear Aerospace & Defense is the military aviation aftermarket industry's leading provider of mission ready solutions. We provide excellence in sustainment for the U.S. militaries and its allies. Headquartered in Miramar, Florida, AllClear's sustainment solutions cover the most utilized military aircraft platforms, supported with distribution agreements from leading OEMs, in-house and managed repair services, engineered products, manufacturing, and logistics solutions. AllClear represents more than 30 years of defense aerospace sustainment experience and expertise, focused on the bigger mission mindset of keeping militaries mission ready. AllClear locations include Abu Dhabi, UAE; Camarillo, CA; Cambridge, UK; Greenville, SC; Macon, GA; Miramar, FL; Seoul, S. Korea; South San Francisco, CA; and Tokyo, Japan. To learn more visit About Derco, A Lockheed Martin Company Derco, A Lockheed Martin Company is a trusted provider of aircraft spares, logistics, and technical solutions, serving customers worldwide since 1979. With strong relationships with top OEMs, we maintain a vast and diverse inventory of aircraft spares. As a full-service logistics solutions provider, we support military and commercial fleets in 65 countries, delivering integrated solutions that drive efficiency and reliability. About Lockheed Martin Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at View source version on Contacts Ruth GarciaVP, Marketing & CommunicationsAllClear Aerospace & Defensepr@
Business Wire
09-06-2025
- Business
- Business Wire
AllClear Aerospace & Defense Completes Comprehensive Recapitalization to Position Company for Next Phase of Growth and Profitability
MIRAMAR, Fla.--(BUSINESS WIRE)--AllClear Aerospace & Defense, a leading global distributor of critical aftermarket components for military aircraft, announced today the closing of a consensual restructuring among its financial stakeholders that will significantly deleverage the company's balance sheet and provide an infusion of new funds by the Senior Lenders to support the company's next phase of growth and profitability. As part of the transaction, majority ownership of the company will transfer to the Senior Lenders, which are comprised of major global financial institutions. The recapitalization and ownership transition has received unanimous support from AllClear's financial stakeholders and has also received all required regulatory approvals from the U.S. government. James Marceau, an aerospace industry veteran with over 30 years of experience, has been appointed by AllClear's Board of Directors as Interim Chief Executive Officer during the transition phase while a global recruiting firm retained by the board has commenced a search for a full-time CEO. Greg Beason, AllClear's CEO since 2021, has been named Senior Advisor to the company. Said Marceau, 'AllClear provides over 20,000 unique mission critical SKUs to its over 200 aerospace and defense customers around the world. AllClear keeps legacy military aircraft fleets operational by distributing to, and manufacturing and repairing components for global customers, and remains well positioned to capitalize on the growing defense aftermarket demand. The company has earned a solid reputation over many years as a trusted partner to military institutions who rely on our quality, responsiveness, and breadth of product and capabilities. Our best-in-class employees look forward to continuing and improving outstanding customer service following the company's ownership transition.' A new Board of Directors has been appointed following the closing of the transaction to oversee the company and represent the interests of the financial stakeholders. In addition to Marceau, the new directors are: Jame Donath has been named Chairman of the Board. He is a seasoned investor, advisor, and corporate director experienced in helping reorganized companies address financing, M&A, and other strategic initiatives. Donath spent more than 20 years as an investor in corporate credit opportunities where he regularly led complex restructurings across the United States, Europe, and Asia Pacific. He was the Founder and Managing Partner of Magnolia Road Capital, a global event-driven credit fund, and a Managing Director at Davidson Kempner Capital Management in New York and London where he launched and oversaw the firm's European credit business. Donath started his career in the investment banking division of Goldman, Sachs & Co. Ian Reason is an accomplished executive with 45 years of experience in aerospace and defense. He was most recently a Senior Vice President of Barnes Group and President of Barnes Aerospace, where he oversaw a $1 billion P&L comprising OEM, MRO, and revenue sharing business across 15 global locations. He has also held senior roles with Triumph Group, where he was President of Mechanical Solutions, Interiors and Structures, and BAE Systems, where he spent 12 years in various strategic and general management positions. Reason started his career in the UK Royal Navy, where he spent over 20 years as a commissioned officer specialized in Aircraft Engineering. Donath commented: 'The closing of the consensual restructuring marks a critical milestone in AllClear's growth trajectory. The additional financial support being provided by the Senior Lenders as part of the recapitalization is a clear vote of confidence in the company's business model and ongoing transformation plan. As such, this transaction sends a strong signal to our partners, customers, and suppliers around the world that AllClear remains well positioned and well resourced as the recognized industry leader in the defense aftermarket.' About AllClear Aerospace & Defense AllClear Aerospace & Defense is the military aviation aftermarket industry's leading provider of mission ready solutions. We provide excellence in sustainment for the U.S. militaries and its allies. Headquartered in Miramar, Florida, AllClear's sustainment solutions cover the most utilized military aircraft platforms, supported with distribution agreements from leading OEMs, in-house and managed repair services, engineered products, manufacturing, and logistics solutions. AllClear represents more than 30 years of defense aerospace sustainment experience and expertise, focused on the bigger mission mindset of keeping militaries mission ready. AllClear locations include Abu Dhabi, UAE; Camarillo, CA; Cambridge, UK; Greenville, SC; Macon, GA; Miramar, FL; Seoul, S. Korea; South San Francisco, CA; and Tokyo, Japan. To learn more visit
