Lockheed Martin second-tier subsidiary Derco has signed an agreement with United Technologies Corp.‘s aerospace systems unit for Derco to distribute UTC propeller system spares. The 20-year agreement furthers the relationship established in 1997 between the companies and will focus on the international distribution of 54H60 spares for legacy C-130B-H/L-100 Hercules aircraft, Lockheed said Tuesday. Jean-Francois Chanut, […] More

A subsidiary of Lockheed Martin‘s Sikorsky unit has signed a distribution agreement with Arkwin Industries to exclusively market the latter’s products to international clients starting 2017. Sikorsky’s Derco Aerospace subsidiary will exclusively distribute Arkwin’s hydraulic, engine control/fuel system and thrust reverser components for fixed-wing and helicopter aircraft across multiple military platforms to all customers beyond the U.S. and Japan, Lockheed said Monday. […] More

Steven Shugart serves as president of the government services business at GardaWorld, a position he assumed in October 2014. Prior to GardaWorld, he was the senior vice president of business development at DynCorp International and held a VP role in the company’s security, training and mentoring group. He has also served as VP of operations […] More