HOUSTON, Jan. 25, 2016 /PRNewswire/ -- InTech Aerospace LLC, a steadily growing aviation technical services firm specialized in commercial and government airplane interiors and components, has promoted Mr. Scott Mowery to Vice President—Operations and Mr. Dragan Djordjevic to Vice President—Finance. Based in Houston TX, InTech Aerospace is poised for continued growth as commercial airlines fleets keep expanding. Performing a variety of overhaul, repair, and retrofit chores chiefly on aircraft interiors and related components on fixed-wing planes, InTech Aerospace today enjoys a client list that includes regional airlines, mainline carriers, large OEM's, aircraft leasing companies, government aircraft, and major MRO facilities.
Scott Mowery, VP-Operations, originally joined InTech as Senior Director of Operations & Quality. He has 28 years' total aircraft maintenance experience, including 6 years in aviation maintenance with the US Air Force. He previously was a General Manager and the Maintenance Production Control Manager for the fleet support division of a major airline. Mowery is a well-recognized expert in aircraft interiors and numerous other aviation overhaul & repair disciplines, and practices a quality-centered approach with LEAN principles. In addition to extensive USAF training, Mowery is also an FAA-licensed Airframe & Powerplant Repairman, and holds the FAA's Inspection Authorization distinction.
Dragan Djordjevic, VP-Finance, came to InTech from a strong background in financial leadership positions with several major airlines. He has 20 years' total industry experience, 15 of which are in financial management roles. Djordjevic has a BBA degree in finance and economics. As the top financial leader at InTech, his expertise in planning, budgeting, cash management, fiscal reporting, mergers & acquisitions, IT systems, and managerial analysis will help the whole team grow.
InTech's served markets show strong underpinnings for long-term growth. InTech Aerospace finds itself in a period of unprecedented expansion in commercial aerospace. The airlines' fleets of large and regional sized planes are expected to double in their numbers in the next 20 years (forecasts by Boeing and Airbus), and interiors tend to wear out with heavy use, requiring periodic overhaul and upgrade. Published reports recently cited over $5 Trillion in new orders for commercial planes through the year 2035, and all of those planes (which will fly for 30 to 35 years or more) represent an "Installed Base" of many millions of man-hours of required repairs and refurbishments. That aftermarket phenomenon of recurring repairs is where InTech predicts its most aggressive growth in the next 5 to 10 years.
Known as the "interior experts," InTech Aerospace has teams of highly experienced craftspeople and FAA-licensed aircraft technicians that repair and overhaul virtually everything inside the cabin of an airplane, including seats, galleys, lavatories, floor panels, sidewalls, overheads, and everything in between.
Todd Wilkinson, President of InTech Aerospace, said: "These two well-qualified Officer level leaders will help InTech do more for its airline and MRO customers. As we grow, we are beefing up all of our processes and systems to continuously improve both quality and throughput. We believe we're putting InTech Aerospace on an expansion track that will be excellent for our customers, employees, and suppliers. The quality and cost-effectiveness of our work is assured through our superbly trained and deeply experienced craftspeople and aircraft technicians."
InTech Aerospace intends to invest for growth in each of its lines of business, and expand geographically, to keep pace with rising industry trends and meet customer requirements.
InTech Aerospace is a wholly-owned subsidiary of Ranger AeroSystems in Greenville SC, the latest aviation investment platform created by Ranger Aerospace. Ranger brings additional capital strength and management resources to support InTech's continuing growth, with three previous large-scale successful aerospace services consolidation platforms to Ranger's credit since 1997. The plan is to enhance and expand InTech Aerospace through internal investments and organic growth, entering new lines of technical capacity, expanding geographically, and acquiring complementary companies.
Forward Looking Statements: The Company from time to time may discuss forward-looking information. Except for factual historical information, all forward looking statements are estimates by the Company's management and are subject to various risks and uncertainties that are beyond the Company's control and may cause actual results to differ materially from management's expectations.
SOURCE InTech Aerospace