“Thrive by Adaptation – PMA Panel (Series 2 of 3)”
OC Chapter meeting in Irvine on March 5
Confirmed panelists are:
• Brian Zaumeyer from Odyssey Investment Partners. Newly raised Fund VI is $3 billion
• Chris Celtruda at Kellstrom/Merex Defense. Kellstrom bundles parts, services & solutions for military legacy platforms.
• Jeff Johnston at Desser Group. Desser Group is a platform investment by Graham Partners.
Our panel of experts will discuss the PMA process, its opportunities, challenges, and the battle between OEM and PMA-holder.
Aircraft can safely perform for decades, which create an active aftermarket to ensure a continuous supply of parts and services to maintain fleet performance. This aftermarket generates huge opportunity as there is as least equal revenue from the aftermarket as from the initial sale of an aircraft. This is especially true of the Parts Manufacturing Approval (PMA) process, which allows a PMA-holder to produce replacement parts for aircraft even though they are not the original manufacturer of the equipment.
OEMs have traditionally focused on the new aircraft deliveries, which has created a thriving aftermarket of alternative suppliers. As cost-cutting initiatives challenge margins on the new aircraft part deliveries, many OEMs have implemented strategic initiatives to protect and grow their own aftermarket.
Please join us in Irvine on Thursday, March 5, 7:30–9:00am for the second part of the “Thrive by Adaptation” series, where we will dive into aerospace PMA.
The meeting is free for members and $30 for non-members ($40 after February 27). Non-members may guest twice for free. Click here to register to attend the meeting.
Information about joining The A&D Forum is at https://aerospacedefenseforum.org.
The Orange County chapter is hosted by Moss Adams and sponsored by Chubb, Bolton & Company, and City National Bank.
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