Meeting Notices - Orange County

OC Chapter meeting in Irvine on October 6, 2022

Please join us in Irvine on Thursday, October 6, (Networking and Breakfast: 7:00-7:30am & Meeting: 7:30–9:00am) when Kirk Konert, Partner, AE Industrial Partners will discuss the outlook for investing in space.

TOPICS covered:
• AE Industrial’s investment thesis for creating Redwire, a true pioneering “new” space company
• Why space is one of greatest places to invest in today
• SPACs – What’s going on?
• The increasingly blurred lines between venture, growth, and private equity

The meeting is free for members and $30 for non-members ($40 after Sept 29). Non-members may guest twice for free. Click here for more information and 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.

OC Chapter meeting in Irvine on August 4, 2022

Please join us in Irvine on Thursday, August 4, (Networking and Breakfast: 7:00-7:30am & Meeting: 7:30–9:00am) when panelists George Ferguson (Senior Aerospace, Defense and Airline Analyst, Bloomberg Intelligence), Dana Stephenson (VP, Aftermarket & Customer Support, Aerostructures, Collins Aerospace), Marzel Neckien (President, W Machine Works), and Alex Krutz (Moderator) (Managing Director, Patriot Industrial Partners) will discuss the outlook across the aerospace & defense supply chain.

Alex Krutz of Patriot Industrial Partners will lead a panel that will discuss the challenges, uncertainties and opportunities facing suppliers as Boeing and Airbus look to ramp-up production. George Ferguson from Bloomberg Intelligence will provide an industry perspective on the supply chain. Dana Stephenson from Raytheon Technologies will highlight issues confronting the Tier 1 supply chain. Marzel Neckien will provide perspective from the Tier 2/3 supplier perspective.

Topics covered will be production plan outlook, demand volatility, the labor situation, inflation and persistent issues remaining after COVID 19 industry changes. This panel discussion will be beneficial to all companies in the A&D supply chain.
Dialogue will be open and informative covering all segments and Tiers of the supply chain.

The meeting is free for members and $30 for non-members ($40 after July 28). Non-members may guest twice for free. Click here for more information and 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.

OC Chapter meeting in Irvine on June 2

Please join us in Irvine on Thursday, June 2, 7:30–9:00am (breakfast 7:00-7:30am) when Brian Riese (CEO & President, Phenix Solutions) and Mark Zimmerman (CTO, Phenix Solutions), the founders of Phenix Solutions, will provide real-world “Lessons Learned: Rapid Product Development from Commercial-to-Military-to-Dual Use.” Oregon-based Phenix Solutions has developed a super-heavy weight, rotor lift, Jet-A fueled military drone in an unbelievably short timeframe. In technical terms, it’s a long-range, 3,000 MTOW Coaxial Rotor Remote Piloted Aircraft. The drone is successfully being flight tested by the US military, but in the end it will be a dual-use aircraft. Phenix has successfully obtained continued government funding on an accelerated basis during the highly condensed aircraft development process.

The meeting is free for members and $30 for non-members ($40 after May 26). 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 and Bolton & Company.

Virtual Meeting of the Orange County Chapter on December 3

Meeting Location: Virtual Meeting
Meeting Date: Thursday December 3, 2020
Meeting Time: 8:00-9:00am Pacific Time

Please join us on December 3, 2020, 8:00-9:00am pacific time, for an online webinar when Glenn McDonald, Principal, AeroDynamic Advisory will provide valuable information on the current and future state of the industry which our A&D Forum members have been requesting.

AeroDynamic Advisory will provide a detailed assessment of the current state of the aerospace and defense industries in light of COVID and also discuss anticipated recovery timeframes. This analysis will specifically focus on current and anticipated future demand for commercial aerospace and will also cover military aerospace and space. The presentation will cover passenger segments (e.g. leisure vs. business travel), region, aircraft platform (e.g. A330neo, 787), and other relevant considerations. This information can help guide companies on how to best position themselves during these turbulent times.

In advance of the webinar (whether you register or not), we encourage you to take the AeroDynamic Advisory Supply Chain Survey. By collecting this data, AeroDynamic Advisory hopes to help the industry achieve a better collective understanding of the vulnerability in the supply chain to allow all participants (including governments and industry associations) to respond effectively.

The results of the survey will be discussed during the webinar. The survey is both optional and anonymous. The survey can be accessed at the link:
https://www.surveymonkey.com/r/QHTHYHL

The meeting is free for A&D Forum Individual and Corporate members and $25 for non-members. For more information and to register to attend the meeting go to http://adfocdec20.eventbrite.com.

Information about joining The A&D Forum is at https://aerospacedefenseforum.org.

The Orange County chapter is normally hosted by Moss Adams and is sponsored by Chubb, Bolton & Company, and City National Bank.

Virtual Meeting of the Orange County Chapter on October 2

Meeting Location: Virtual Meeting
Meeting Date: Friday, October 2, 2020
Meeting Time: 8:00-9:30am Pacific Time

Please join us for a collaborative, future focused panel discussion on private equity activity in 2021.

The instability of the travel economy and the challenges in valuation of businesses that support commercial aerospace will drive aggressive acquisitions.

Meanwhile, the flourishing defense industry and expansion into space lends to an optimistic outlook for aerospace businesses. As space and defense programs bolster the slow recovery of aerospace, the industry can no longer be simply defined as “Aerospace & Defense,” SPACE is inserting itself as a key player into the industry.

The strategy of choice for private equity remains: buy and build. The approach moving forward is having actual value-add, not just aggregation of liquidity.

Overhaul of leadership, branding, and capital expenditures define the pattern of private equity ownership.

To prepare for a transformative wave, our panel will confer about what private equity firms are seeking and where they see value heading into 2021. Topics will include:
• Diversification outside Boeing and embracing Airbus additionally as a new, loyal partner.
• Innovation, IP capabilities, and program ownership is the toehold to industry. Having exposure to emerging aircrafts and programs, including defense and space, will ensure profitability and sales. A robust program portfolio will drive private equity ownership.
• Conversion of cybersecurity from a lofty luxury to an emphatic requirement. Professionalizing security within your business will now be a requisite to work with the OEMs and defense primes.

Private equity is hypervigilant of risks. Help to mitigate those risks for your business through the provided insight from a panel of experts within the private equity and investment banking sectors to the aerospace, defense, and space markets.

Confirmed panelists are Ryan Boyle (Moderator) (President, BOB Search), Paul Weisbrich (Managing Director, Investment Banking Group, D.A. Davidson), Paul Teske (Co-Founder and Partner, ATL Partners), Bryan Perkins (Founder & CEO, Novaria Group), Tracy Glende (Chief Executive Officer, Valence Surface Technologies), and Christopher Celtruda (Managing Principal, Destiny Equity Partners)

The meeting is free for A&D Forum Individual and Corporate members and $25 for non-members. For more information and to register to attend the meeting go to http://adfococt20.eventbrite.com.

Information about joining The A&D Forum is at https://aerospacedefenseforum.org.

The Orange County chapter is normally hosted by Moss Adams and is sponsored by Chubb, Bolton & Company, and City National Bank.

“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.

“Thrive by Adaptation – Navigating Current A&D Situations”

OC Chapter meeting in Irvine on February 6

As aerospace businesses reel from the news cycle and daily updates of significant changes, the overwhelming response and concern leaves leaders asking – Are we ready for change?

Thriving through perseverance, driving flexibility, and adapting to an everchanging aerospace environment is necessary to proactively grow for the future.

Consider the following:
• Megamergers like Woodward with Hexcel, L3 with Harris, and Raytheon with United Technologies
• An upcoming election and the unknowns that come with it.
• The impact of the defense spending cycle and its inevitable cyclical swing.
• Greying of ownership and employment.
• Re-entry of the 737-MAX.

In addition to the Boeing 737-MAX, there are a multitude of factors impacting the current climate of aerospace and defense.

Please join us in Irvine on Thursday, February 6, 7:30–9:00am, when Ryan Boyle (President, BOB Search), Kathleen Boyle (Chairman & CEO, Verify Inc.), and Bryan Perkins (Founder & CEO, Novaria Group) will reflect upon the key effects noticed thus far and provide insight on how they’re adapting to these ongoing challenges.

The meeting is free for members and $30 for non-members ($40 after January 30). 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 sponsored by .Moss Adams, Chubb, Bolton & Company, and City National Bank.

Virgin Orbit Special Access Tour & Presentation

OC Chapter meeting in Long Beach on December 5

“Virgin Orbit is excited about the tremendous potential of small satellites to provide global connectivity, remote sensing, security, and visionary new capabilities that benefit our planet. Small satellites are doing more on shorter timelines, and at lower cost. We developed LauncherOne to complement this transformational movement; to get small satellites to orbit quickly, reliably, and affordably. Designed from scratch with these guiding principles, the LauncherOne air-launch system provides freedom from the constraints of fixed ground infrastructure and onerous pre-launch paperwork. We believe launching your small satellite should be hassle-free, and we are enabling this with streamlined processes and the superior customer service that distinguishes Virgin companies.”
– Dan Hart, President and CEO of Virgin Orbit

LauncherOne is a simple, expendable, launch vehicle designed to place small satellites of up to 500 kg / 1100 lbm into a wide range of Low Earth Orbits (LEO) at an affordable price. Rather than launching from the ground, LauncherOne is carried to an altitude of approximately 35,000 feet by the 747-400 carrier aircraft, Cosmic Girl.

Please join us in Long Beach on Thursday, December 5, 7:00–9:00am, when Dan Hart, President and CEO, will host a not for the General Public, special access tour and technical presentation at Virgin Orbit Long Beach!

The meeting is free for members (exclusive access until November 19) and $35 for non-members (access after November 19). Limited to 25 people. Limited to U.S Citizens and Non-US Citizens with Permanent Residence (i.e., Green Card).

Click here to register to attend the meeting. Registration closes 5:00pm (pacific) on Tuesday, November 26.

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 and Bolton & Company.