AlliedSignal Names Taiclet President of Aerospace Services Unit; Move Reinforces AlliedSignal Aerospace's Commitment to Aftermarket Services.PHOENIX--(BUSINESS WIRE)--March 26, 1999--AlliedSignal Inc. (NYSE NYSE See: New York Stock Exchange :ALD ALD abbr. adrenoleukodystrophy ALD, n.pr See adrenoleukodystrophy. ALD aldolase. ) Friday announced that it has named James D. Taiclet Jr. president of its Aerospace Services unit, which provides a wide range of aftermarket services to commercial, regional, business and military customers worldwide. Taiclet is responsible for managing AlliedSignal's increasingly important aerospace aftermarket services effort. Aerospace Services encompasses AlliedSignal's Repair and Overhaul business, which supports 38 sites worldwide; the company's Commercial Spares operation, which includes AlliedSignal Aerospace's strategic alliance with CAT Logistics; and its Military Customer Support business. Taiclet comes to AlliedSignal from Pratt & Whitney, a unit of United Technologies Corp., where he was vice president of its engine services business based in Hartford, Conn. Before joining Pratt & Whitney in 1996, Taiclet was a senior engagement manager with McKinsey & Co., and earlier served in the U.S. Air Force. Taiclet holds bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degrees in engineering and international affairs Noun 1. international affairs - affairs between nations; "you can't really keep up with world affairs by watching television" world affairs affairs - transactions of professional or public interest; "news of current affairs"; "great affairs of state" from the U.S. Air Force Academy. He also holds a master of public affairs The Master of Public Affairs (M.P.Aff. or M.P.A.) a part of public affairs degrees, historically has been a master level professional degree offered in public policy schools that provides training in public policy and the operation of government, similar to a Master of Public in international relations international relations, study of the relations among states and other political and economic units in the international system. Particular areas of study within the field of international relations include diplomacy and diplomatic history, international law, from Princeton University, where he was a Woodrow Wilson Fellow. AlliedSignal Aerospace is the largest supplier of aircraft engines, equipment, systems and services for commercial transport, regional, general aviation and military aircraft. The parent company, AlliedSignal Inc., with headquarters in Morris Township, N.J., is a $15 billion advanced technology and manufacturing company serving customers worldwide with aerospace and automotive products, chemicals, fibers, plastics and advanced materials. The company employs 70,400 people worldwide. AlliedSignal is a component of the Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. and Standard & Poor's 500 Index, and was named by Fortune magazine as the most admired aerospace company, both in the United States and globally. Fortune also included AlliedSignal in its list of the "100 Best Places to Work in America." Forbes Global listed AlliedSignal in 1999 as the world's best diversified company diversified company A company engaged in varied business operations not directly related to one another. A diversified company is less likely to suffer either a collapse or a spectacular gain in earnings compared with a firm concentrating its operations in a . More information on AlliedSignal is available on the World Wide Web at http://www.alliedsignal.com. This release contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, as amended, including statements about future business operations, financial performance and market conditions. Such forward-looking statements involve risks and uncertainties inherent in business forecasts. |
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