Lockheed Martin's Sim-Industries Appoints Jeffrey Wood As CEO

(RTTNews) - Sim-Industries, a Lockheed Martin (LMT) company, announced the appointment of Jeffrey Wood, 48, as chief executive officer. Wood will succeed founder Frank Uit den Bogaard, who has led the organization since 2004.

Wood has more than 26 years of experience in a variety of senior executive and leadership roles in the aerospace industry. Most recently, he served as senior vice president of StandardAero's Airlines and Fleets business. He also served as chief executive officer and president of Airfoil Technologies International.

In his new role, Uit den Bogaard will continue on with the Sim-Industries team, leading customer engagement and business development in the global simulator market.

Sim-Industries develops and manufactures full-motion and fixed-based civil aviation flight simulators for airline customers and independent pilot training centers worldwide. The company was acquired by Lockheed Martin in 2011 and is based in Sassenheim, the Netherlands.