Fairchild Aerospace Appoints Robert Stangarone Vice President, Corporate Affairs

Business Wire, March 16, 1999

SAN ANTONIO--(BUSINESS WIRE)--March 16, 1999--Fairchild Aerospace Corporation today announced the appointment of Robert Stangarone as vice president, corporate affairs. He will be responsible for media relations, financial and strategic communications and a range of issues involving internal and external corporate affairs.

Stangarone has served in numerous senior-level positions in the aerospace industry. He most recently served as director of corporate communications for Litton and vice president of public affairs for Rolls-Royce North America. Prior to that, he held senior communications positions with United Technologies' Sikorsky and Pratt & Whitney units, and served as managing editor of both Business & Commercial Aviation and Air Facts magazines. Stangarone is an experienced pilot with some 2,000 flight hours as a flight instructor and commercial pilot with multi-engine and instrument ratings.

"With 30 years experience in virtually every facet of aerospace, Bob is recognized as one of the most effective and knowledgeable leaders in our industry," said Fairchild President Jim Robinson. "The breadth and depth of his aerospace experience and his understanding of international business will provide Fairchild with important capabilities as we shape our global image and pursue markets around the world," he said.

Fairchild Aerospace Corporation is a leading manufacturer of jet and turboprop aircraft for the regional aviation, corporate and government markets and provides a wide range of sales, support, production and engineering services for the aviation industry. In addition to its headquarters in San Antonio, and facilities in Oberpfaffenhofen, Germany, the company has offices in Washington, D.C. and other locations worldwide.