General Dynamics Corporation. General Dynamics Corp's unit Jet Aviation said on Thursday that it is buying aviation solutions provider Hawker Pacific, majority owned by Chinese conglomerate HNA Group, for $250 million. Hawker Pacific. General Dynamics subsidiary Jet Aviation has completed its acquisition of business aviation services provider Hawker Pacific for $250 million, the company announced today. …
Bankstown Airport has been the historical home base for Hawker Pacific the past 40 years and continues to be pivotal in delivering special mission aircraft to military, aeromedical, search & rescue, and commercial aviation customers. The General Dynamics-owned Swiss international company bought Hawker Pacific in May last year. Jet Aviation, a subsidiary of General Dynamics, said the planned acquisition is part of the Swiss company's plans to expand its presences across Asia-Pacific and the Middle East. U.S. Army orders 174 updated Abrams tanks from General Dynamics Land Systems 2018. News. These include aircraft sales, aircraft support and management and aircraft supplies across Australia, Auckland, Hong Kong, The Middle East, plus many more locations throughout Asia and the Pacific. From Gulfstream business jets and combat vehicles to nuclear-powered submarines and communications systems, people around the world depend on our products and services for their safety and security. Hawker Pacific’s - a Jet Aviation Company - team of aviation professionals deliver a diverse range of integrated aviation solutions.
General Dynamics acquiring Hawker Pacific is a sign that management believes that the business jet market is at long last poised for growth. Jet Aviation, a wholly owned subsidiary of General Dynamics (NYSE: GD), was founded in Switzerland in 1967 and is one of the leading business aviation services companies in the world. General Dynamics (NYSE:GD) subsidiary, Jet Aviation, has completed its purchase of Hawker Pacific, for $250M. The transaction is valued at US$250 million. General Dynamics is a global aerospace and defense company. The aerospace and defense company has been held back in recent years by its massive business jet operations.
The six FBOs are in Sydney, Brisbane (2), Cairns, Darwin and Perth. Should Gulfstream's production rates recover to anything approaching pre-recession levels, investors will have reason to cheer. 04/11/2018 | Press release | Distributed by Public on 04/12/2018 11:31. General Dynamics Corporation: Jet Aviation completes acquisition of Hawker Pacific. About GD. BASEL – Jet Aviation announced today that it has completed its acquisition of Hawker Pacific, a leading provider of Civil MRO, Fleet and FBO Services, and Aircraft Sales across Asia Pacific and the Middle East. Jet Aviation is … More than 4,800 employees cater to client needs from close to 50 facilities throughout Europe, the Middle East, Asia, North America and the Caribbean. According to Jet Aviation, the re-branding will strengthen the company's global presence. Jet Aviation has re-branded six Hawker Pacific fixed-base operations (FBO) around Australia.
Jet Aviation to Acquire Hawker Pacific. Thursday, ... Hawker Pacific Senior Vice President for Government Business Asia Pacific, ... Jet Aviation, a wholly owned subsidiary of General Dynamics (NYSE: GD), was founded in Switzerland in 1967 and is one of the leading business aviation services companies in the world.
HAWKER PACIFIC SOLD TO GENERAL DYNAMICS Jet Aviation, a General Dynamics company, has purchased Bankstown headquartered Hawker Pacific, for US$250 million.