Jet Aviation to Acquire Hawker Pacific 4/10/2018 12:00:00 AM BASEL - Jet Aviation and Hawker Pacific today announced that Jet Aviation has entered into a binding agreement to acquire Hawker Pacific, a leading provider of integrated aviation solutions across Asia Pacific and the …
Jet Aviation, a subsidiary of General Dynamics, said the planned acquisition is part of the Swiss company's plans to expand its presences across Asia-Pacific and the Middle East. Hawker Pacific’s FBO and MRO facility at Shanghai’s Hongqiao International Airport with its newly-added, 48,500-sq-ft hangar, is one of the crown jewels in Jet Aviation’s $250 million deal. According to Jet Aviation, the re-branding will strengthen the company's global presence. Jet Aviation has re-branded six Hawker Pacific fixed-base operations (FBO) around Australia. The aerospace and defense company has been held back in recent years by its massive business jet operations. About GD. The transaction is valued at US$250 million. From Gulfstream business jets and combat vehicles to nuclear-powered submarines and communications systems, people around the world depend on our products and services for their safety and security. General Dynamics is a global aerospace and defense company. General Dynamics Corp's unit Jet Aviation said on Thursday that it is buying aviation solutions provider Hawker Pacific, majority owned by Chinese conglomerate HNA Group, for $250 million. These include aircraft sales, aircraft support and management and aircraft supplies across Australia, Auckland, Hong Kong, The Middle East, plus many more locations throughout Asia and the Pacific. The six FBOs are in Sydney, Brisbane (2), Cairns, Darwin and Perth.
Hawker Pacific’s - a Jet Aviation Company - team of aviation professionals deliver a diverse range of integrated aviation solutions. General Dynamics Corporation. General Dynamics Corporation: Jet Aviation completes acquisition of Hawker Pacific. General Dynamics subsidiary Jet Aviation has completed its acquisition of business aviation services provider Hawker Pacific for $250 million, the company announced today. Jet Aviation to Acquire Hawker Pacific. Jet Aviation, a wholly owned subsidiary of General Dynamics (NYSE: GD), was founded in Switzerland in 1967 and is one of the leading business aviation services companies in the world. U.S. Army orders 174 updated Abrams tanks from General Dynamics Land Systems 2018. General Dynamics (NYSE:GD) subsidiary, Jet Aviation, has completed its purchase of Hawker Pacific, for $250M. Jet Aviation is … … Should Gulfstream's production rates recover to anything approaching pre-recession levels, investors will have reason to cheer. Hawker Pacific.
More than 4,800 employees cater to client needs from close to 50 facilities throughout Europe, the Middle East, Asia, North America and the Caribbean.