Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Lockheed Martin's Sim-Industries Appoints Jeffrey Wood As CEO

RELATED NEWS
Trade LMT now with 

Sim-Industries, a Lockheed Martin (LMT: Quote) company, announced the appointment of Jeffrey Wood, 48, as chief executive officer. Wood will succeed founder Frank Uit den Bogaard, who has led the organization since 2004.

Wood has more than 26 years of experience in a variety of senior executive and leadership roles in the aerospace industry. Most recently, he served as senior vice president of StandardAero's Airlines and Fleets business. He also served as chief executive officer and president of Airfoil Technologies International.

In his new role, Uit den Bogaard will continue on with the Sim-Industries team, leading customer engagement and business development in the global simulator market.

Sim-Industries develops and manufactures full-motion and fixed-based civil aviation flight simulators for airline customers and independent pilot training centers worldwide. The company was acquired by Lockheed Martin in 2011 and is based in Sassenheim, the Netherlands.

Click here to receive FREE breaking news email alerts for Lockheed Martin Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
After showing a notable move to the downside in early trading, stocks have regained some ground over the course of the trading day on Monday. The markets have maintained a negative bias, however, keeping the major averages in the red. After reporting a sharp jump in U.S. pending home sales in the previous month, the National Association of Realtors released a report on Monday showing that pending home sales unexpectedly saw a notable pullback in the month of June. President Barack Obama is meeting with presidents from Central American nations on Friday as the U.S. struggles to deal with a surge of unaccompanied children across the southern border.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.