Fort Worth-based GDC Technics, an industry leader in aircraft engineering, modification and completion services, on Feb. 12 announced a new company ownership structure and new partners, Oriole Capital Group, Trive Capital and MAZ Aviation.
With the addition of GDC’s new ownership partners, the company plans to maintain its industry leadership in VVIP modification services, while leveraging the firm’s comprehensive capabilities in design, composite/structural engineering and certification into new markets such as commercial and military modifications, communication and avionics upgrades, structural modifications and support services.
GDC Technics also announced the appointment of Brad Foreman as new CEO for the growing company. Foreman, a former Naval aviator and industry leader, assumes the role effective immediately.
“With business experience in 47 countries, and a history of leading aerospace and defense groups towards profitable market growth, Mr. Foreman’s knowledge and capability will serve as a guiding light at the forefront of GDC’s future expansion,” said Mohammad Alzeer, chairman, GDC Technics. “His established knowledge of both US and international aerospace and defense markets ensures GDC will be well positioned to compete for a variety of programs that leverage the company’s unique capabilities.”
Prior to his appointment as GDC’s new CEO, Foreman held various leadership roles at Thales Aerospace including chairman of the board of Thales Defense and Security for Thales USA, and president and CEO of Thales Avionics. During his tenure at Thales, Foreman led exponential growth across categories from in-flight entertainment to flight deck avionics and advanced mission systems for both commercial and military programs. Prior to joining Thales in 1999, Foreman held various roles at the Boeing Company, including Director of the B717 Program office and the creation and management of the largest aircraft conversion program in commercial aviation history, the MD-10 Program for Federal Express, for which he was awarded the “Aviation Week & Space Technology” Laurels Award for Outstanding Achievement in Aeronautics and Propulsion.
“It is an exciting time at GDC and a real privilege to lead the company’s next phase of expansion,” said Foreman. “GDC is clearly unique in the industry in terms of scale and in-house capabilities and I look forward to building on the company’s customer-focused reputation for quality and innovation.”
GDC’s U.S .facilities now top over 1.1 million square feet of interior space, including an 840,000 square foot aircraft tech-ops, technology development and manufacturing center at Alliance Airport in Fort Worth.
The Alliance center encompasses three floors and includes hangar space for six wide-body aircraft and four narrow-body planes simultaneously. The facility includes design, engineering, manufacturing, as well as in-house structural and flammability testing for cabin modifications. Alliance also houses our administrative and executive offices. In San Antonio, GDC has a 340,000-square-foot hangar and manufacturing operation.