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April 17, 2018

Derco and Arkwin sign deal for C-130 and F-16 components repairs

Lockheed Martin company Derco has signed a contract to serve as the exclusive repair centre for all C-130 and F-16 aircraft components manufactured by US-based company Arkwin Industries.

Lockheed Martin company Derco has signed a contract to serve as the exclusive repair centre for all C-130 and F-16 aircraft components manufactured by US-based company Arkwin Industries.

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The current agreement between the two companies complements Derco’s exclusive distribution agreement and expands the collaboration between the firms that started last year.

Under the deal, Derco will repair all Arkwin components for the C-130 and F-16 military aircraft at its 80,000ft² Federal Aviation Administration (FAA) certified repair centre.

Arkwin Sales and Marketing director Adam Crossman said: “By working with Derco, our customers know all repairs will be made with authentic Arkwin parts and meet or exceed Arkwin standards.

“We will also be receiving repair activity reports so that data can be used to continue product forecasting and improvement.”

Arkwin has provided training to the technicians from Derco on component repairs in order to ensure that all components are able to either meet or exceed original equipment manufacturer (OEM) quality standards.

“The aircraft is capable of carrying airdrop loads up to 42,000lb and uses its high-flotation landing gear to land and deliver cargo on rough, dirt strips.”

Derco Repair director Jason Wiedoff said: “We are proud to expand our relationship with Arkwin and support operators in a greater capacity.

“As both a distribution and repair source, we are able to provide operators with better pricing and quicker turnaround times on Arkwin component repairs.

“Every part that we repair or overhaul is returned to the customer with the assurance of OEM quality backed by a warranty.”

Developed by Lockheed Martin, the C-130 aircraft is deployed by the US Air Force to carry out the tactical portion of the airlift mission.

The aircraft is capable of carrying airdrop loads up to 42,000lb and uses its high-flotation landing gear to land and deliver cargo on rough, dirt strips.

Lockheed’s 49.3ft-long F-16 Fighting Falcon is a combat-proven fourth-generation multi-role fighter jet.

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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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