Jim Maslowski, Hawker Beechcraft Defense Company President, to Retire
WICHITA, Kan. (Jan. 27, 2012) – Hawker Beechcraft Defense Company (HBDC) announces that Jim Maslowski, president, will retire from his positions with Hawker Beechcraft on Jan. 31, 2012. Upon retirement, Maslowski will continue as a consultant to HBDC and its business development efforts with the title of Vice Chairman, HBDC.
“Jim was instrumental in establishing the T-6 in international markets, launching the upgraded T-6B, and taking the concept of the AT-6 and making it a reality,” said Bill Boisture, Hawker Beechcraft chairman and CEO. “We are pleased to have his continued involvement in our T-6 and AT-6 programs moving forward and wish him all the best in his well-deserved retirement.”
Prior to joining Hawker Beechcraft, Maslowski served in vice president roles at Raytheon Missile Systems and L-3 Communications Integrated Systems. He retired as a Rear Admiral in the U.S. Navy, where he served as Director, Navy International Programs Office, and was responsible for Department of the Navy international programs. During his naval career, Maslowski held high-level executive and commanding officer positions and also served as a member of the U.S. Navy’s flight demonstration team, the Blue Angels. He is highly decorated for his service in peacetime and during four combat deployments earning the Legion of Merit with six Gold Stars and 16 Strike/Flight Air Medals.
“We have been honored to have a patriot among us,” Boisture said.
Boisture will take over as acting president, HBDC, on an interim basis until a replacement is named.
Hawker Beechcraft Corporation is a world-leading manufacturer of business, special mission, light attack and trainer aircraft – designing, marketing and supporting aviation products and services for businesses, governments and individuals worldwide. The company’s headquarters and major facilities are located in Wichita, Kan., with operations in Salina, Kan.; Little Rock, Ark.; Chester, England, U.K.; and Chihuahua, Mexico. The company leads the industry with a global network of more than 100 factory-owned and authorized service centers. For more information, visit www.hawkerbeechcraft.com.
This release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, including statements that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management’s assumptions and assessments in light of past experience and trends, current conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results may differ significantly from those envisaged by our forward-looking statements. Among the factors that could cause actual results to differ materially from those described or implied in the forward-looking statements are general business and economic conditions, production delays resulting from lack of regulatory certifications and other factors, competition in our existing and future markets, lack of market acceptance of our products and services, the substantial leverage and debt service resulting from our indebtedness, loss or retirement of key executives and other risks disclosed in our filings with the Securities and Exchange Commission.