Aerospace Defense Forum

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“Strategies for Increasing Valuation for Aerospace/Aviation Enterprises”

Meeting of the San Fernando Valley Chapter on November 19

Meeting Location: Stubbs Alderton Markiles, LLP
15260 Ventura Blvd., 20th floor, Sherman Oaks, CA 91403
Meeting Date: November 19, 2019
Meeting Time: Doors open at 7am, Meeting 7:30-9:00am

Please join us in Sherman Oaks, CA, on Tuesday, November 19, 7:30am–9:00am (breakfast and networking at 7:00am), when Barton Webb, Managing Director, JANAS Associates, will present regarding increasing the valuation multiple for small to middle market aerospace & aviation companies by coupling their existing core competencies with engineering resources to create sole source or proprietary products. Barton will take us through existing certification structures and methods identifying engineering requirements to achieve the competitive edge and resulting valuation benefit.

The strategy has been employed with great results in Barton’s prior engagements, including his own company, Keeley Aerospace, LTD: PMAs, STCs, Controlled Source development, unique DER Repairs, SAR acceptances leading to sole-source products, and test programs leading to production opportunities.

Written for the managing CEO, finance executive, and generalist alike, the presentation is both fast paced yet in depth enough for creating action items for 2020 operations. Questions are welcome and follow-ups encouraged.

The meeting is free for members and $40 for non-members ($30 Early Bird until November 12). Guests may attend twice for free. For more information and to register to attend the meeting go to http://adfsfvnov19.eventbrite.com.

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

The San Fernando Valley chapter of The Aerospace & Defense Forum is hosted by Stubbs Alderton & Markiles, LLP and sponsored by RSM, Chubb, and Bolton & Company.

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“Cybersecurity: Trends from 2019 and Predictions for 2020”

AZ Chapter meeting in Phoenix on Novmeber 13

Meeting location: Spencer Fane LLP
2415 E Camelback Road, Suite 600, Phoenix, AZ 85016-4288
Meeting Date: Wednesday, November 13
Meeting Time:
Networking: 3:30-4:00pm
Meeting: 4:00-5:00pm
Polish American Chamber of Commerce Happy Hour starts at 5:00pm.

Cyber is an increasingly important topic for every organization – whether large or small. This increasingly automated cyber threat does not discriminate.

Please join us in Phoenix, AZ on Wednesday, November 13, 4:00-5:00pm (networking and refreshments at 3:30pm), when noted cybersecurity experts Caroline Lynch (Founder and Owner, Copper Hill Strategies), Gunnar Light (Managing Partner, Global G Group), and Micah Mangione (President, Connect-IO) as they discuss these topics. Learn what we found in 2019, where we are going as an industry and as a country, and where the greatest cyber threats will be for 2020.

Polish American Chamber of Commerce Happy Hour starts at 5:00pm.

The meeting is free for A&D Forum, AZTC, and Americans Aerospace Cluster members ($30 for non-members until November 6, $40 thereafter). Guests may attend twice for free. For more information and to register to attend the meeting, go to http://adfaznov19.eventbrite.com.

Click here for more information about and to join The Aerospace & Defense Forum.

The meeting is hosted by Spencer Fane LLP.

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Tour of TA Aerospace

Meeting of the Santa Clarita Valley Chapter meeting on December 5.

Meeting Location: TA Aerospace
28065 Franklin Parkway, Valencia, CA 91355
Meeting Date: December 5, 2019
Meeting Time: Checkin, Networking & Breakfast at 7am, Meeting 7:30-9:00am

The Santa Clarita Valley is home to critical aerospace manufacturing companies providing highly engineered products to the aerospace and defense industry and will be key to the significant growth we see in 2019 and beyond. We are pleased to share that TA Aerospace hosted by Carol Marinello, TA Aerospace President, will be providing a site tour of their operations.

The tour will provide attendees accessibility of a high-mix, low demand operational structure while hearing from key TA Aerospace personnel to understand the challenges that come with stringent aerospace requirements and sustainable operational excellence to meet growing production demand.

TA Aerospace is a world leader in the design and manufacture of metallic and elastomer clamping systems, molded grommets, and thermal fire barrier insulation. TA excels in providing engineering solutions to customer’s needs. It has a fully staffed R&D lab that keeps TA in the forefront on new materials in the elastomer industry.

TA Aerospace started business during the 1940’s in Howard Thomas’ garage. TA Aerospace quickly made a reputation in the market with superior quality and high temperature performance. The facility is located in Valencia, CA and consists of 90,000 square feet of manufacturing space and approximately 250 employees.

Please join us for a tour of TA Aerospace on Thursday, December 5th, 7:30-9:00am (checkin, breakfast and networking at 7:00am).

The meeting is free for all. Registration is limited to 30 and will close at 7:30am on Monday, December 5. For more information and to register to attend the meeting go to http://adfscvdec19.eventbrite.com.

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

The Santa Clarita Valley chapter of The Aerospace & Defense Forum is sponsored by the Santa Clarita Valley Economic Development Corporation.

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Virgin Orbit Special Access Tour & Presentation

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.

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Tour of Brek Manufacturing

South Bay Chapter meeting in Gardena on December 11

Agenda

• Please arrive no later than 8:00am.
• Networking in the company conference room: 8:00 to 8:15am
• Introductions and announcements: 8:15 to 8:30am
• Tour Start time: 8:30am. Tour will last 1 to 1.5 hours. Should be done no later than 10:00am.

Brek Manufacturing Company was founded in 1968 and is headquartered in Gardena, California. Brek is a leading manufacturer of large, complex structural components and sub-assemblies for the commercial and military aircraft markets.

The Company was acquired by Aernnova in April 2017. Brek is a high performing supplier with world class machining capability producing a wide range of aluminum structural components such as bulkheads, floors, frames, ribs, spars, and longerons that are incorporated into virtually every aspect of an aircraft, from the fuselage to the wing tip. The Company is an award winning supplier to the world’s most attractive programs, such as the B737, B777, B787, A-380, F-18, F-15, F-35, V-22, CH-47, and UH-60, through a blue chip list of OEM and Tier I customers such as Boeing, Airbus, Northrop Grumman, SpaceX and Spirit Aerosystems

Brek is truly one of the most unique aerospace machining and assembly shops in Southern California. Their facility houses production capabilities with numerous horizontal and vertical 5-axis machines, including multi-spindle gantries. The tour will cover all areas of manufacturing including machining, assembly and inspection. Come join us to tour one of the premier aerospace machining companies in the South Bay.

The meeting is free for A&D Forum Individual Members and Corporate Members (exclusive access until November 27), and $30 for Non-members ($40 after October 3) (non-member registration available after November 27)). Limited to 20 attendees. Register to attend at: https://adfsbdec19.eventbrite.com.

The South Bay Chapter is hosted by California Manufacturing Technology Consulting and sponsored by Moss Adams, Chubb, and Bolton & Company.

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“Artificial Intelligence in the On-Demand Mobility Eco-System”

“Artificial Intelligence in the On-Demand Mobility Eco-System”

DFW Chapter meeting in Irving on November 14

Location: Accenture
Address: 5221 N O’Connor Blvd #1400, Irving, TX 75039
Date: Thursday, November 14, 2019
Time: (NOTE: is evening meeting)
5:30pm-6:00pm: Refreshments & Networking
6:00pm-7:00pm: Presentation & Meeting

With the increasing popular discussion of autonomous air vehicles and their role in On Demand Mobility it is not surprising that artificial intelligence very quickly entered into the forefront.

Please join us on Thursday, November 14, 5:30-7:00pm when Mr. Mike McNair, Innovation Manager, Bell Helicopters, will explore the relevance of artificial intelligence beyond the vehicle itself. By holistically examining the On-Demand Mobility ecosystem, he will identify the potential uses and business cases for artificial intelligence and machine learning techniques.

The meeting is free for A&D Forum members ($30 Early Bird for non-members until November 7, $40 thereafter). Guests may attend twice for free. For more information and to register to attend the meeting, go to https://adfdfwnov19.eventbrite.com.

Click here for more information about and to join The Aerospace & Defense Forum.

The Dallas-Ft. Worth Chapter is sponsored by Frost Brown Todd.

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“Driving Premium Value in Aerospace & Defense M&A: An Overview and Case Studies”

“Driving Premium Value in Aerospace & Defense M&A: An Overview and Case Studies”

Los Angeles Chapter meeting on November 15

NOTE: Building security policy. All attendees must register no less than 24 hours in advance of the meeting (by 7am November 14) or they will not be allowed entrance to the building.

The mergers & acquisitions market in aerospace & defense has been red hot. Volume has been high across the landscape, from well publicized public company mega mergers to privately held middle-market businesses. Valuations in aerospace & defense are also at record highs, with double-digit transaction multiples being the norm rather than the exception for quality assets.

However, all of the companies coming to market in aerospace & defense are not created equal. What distinguishes premium assets?

Please join us in Century City on Friday, November 15, 7:30–9:00am (breakfast and networking at 7:00am), when Francis Tran, Managing Director, Lincoln International, will present a topical overview, while hearing from special guest David Schmidt, former CEO of Hartzell Aerospace and Hydra-Electric

Selected topics will include:
• Preparing your company for a premium sale
• What attributes drive the highest levels of value and competitive tension?
• What are strategic buyers and investors seeking in today’s market?
• Case study Q&A with David Schmidt: Hartzell Aerospace and Hydra-Electric.

The meeting is free for members and $30 for non-members ($40 after November 8). Guests may attend two chapter meetings for free. For more information and to register to attend the meeting go to https://adflanov19.eventbrite.com.

The LA chapter of The Aerospace & Defense Forum is hosted by Jeffer, Mangels, Butler & Mitchell and sponsored by RSM, California Bank & Trust, Chubb, Bolton & Company Insurance Brokers, and Stanton Chase.

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“Doing Business with Lockheed Martin’s Space Program”

“Doing Business with Lockheed Martin’s Space Program”

OC Chapter meeting in Irvine on November 7

Lockheed Martin Corporation (LMC) has long been a leader in the space industry, from development of intercontinental ballistic missiles to development of the Orion spacecraft.

Please join us in Irvine on Thursday, November 7, 7:30–9:00am, when Joe Rice, Director of Government Relations at Lockheed Martin, will be discussing current and future LMC Space programs as well as explain how to establish business relationships with LMC.

The meeting is free for members and $30 for non-members ($40 after October 31). 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, D.A. Davidson & Co. and InVista Associates.

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“Case Studies in SOS to ROI Transformation”

“Case Studies in SOS to ROI Transformation:
the top 5 mistakes leaders make when battling the complexity monster”

Los Angeles Chapter meeting on October 18

NOTE: Building security policy. All attendees must register no less than 24 hours in advance of the meeting or they will not be allowed entrance to the building.

”… modern business and life is complex, and quickly becoming increasingly more so. The financial system is increasingly connected, the geopolitical environment is becoming more tightly coupled, and regulation is an ever-expanding moving target. Moreover, trends in customization, specialization, and personalization are fueling exponential increases in the variety of choices available for purchase (as well as where and how), forcing leaders to scramble.

As a result, public and private institutions are facing an increasingly powerful and growing Complexity Monster that threatens to disrupt the business of getting work done, staying competitive, and thriving. More and more of our organizational systems have gone beyond being just complicated; they have become truly complex.”

Please join us in Century City on Friday, October 18, 7:30–9:00am (breakfast and networking at 7:00am), when Larry Haas, author, and founder and CEO of Global Aperture Inc. will walk us through 3 case studies both inside and outside A&D, and lead a discussion on the top 5 mistakes leaders make when attempting to transform from “distress to success” while battling the so-called Complexity Monster.

Not only will attendees get a clear definition and picture of complexity, they will also walk away with practical approaches, and applications to help both clients and their own organizations battle complexity both in day to day operations, and when managing strategic change.

The meeting is free for members and $30 for non-members ($40 after October 11). Guests may attend two chapter meetings for free. For more information and to register to attend the meeting go to https://adflaoct19.eventbrite.com.

The LA chapter of The Aerospace & Defense Forum is hosted by Jeffer, Mangels, Butler & Mitchell and sponsored by RSM, California Bank & Trust, Chubb, Bolton & Company Insurance Brokers, and Stanton Chase.