In-Sight from July/August 2025

APPOINTMENTS

Thermwood Corp., manufacturer of CNC machinery and large-scale additive manufacturing (AM) systems, promoted Jason Susnjara to president of Thermwood Corp., succeeding David Hildenbrand, who recently retired after 47 years. Since 2019, he has served as executive vice president, where he played a key role in guiding Thermwood’s strategic direction and growth. He also serves on the company’s board of directors.

Jennifer Watt was promoted to executive vice president of Thermwood Corp. Since 2019, Watt has served as the company’s chief legal officer, where she has led Thermwood’s legal and corporate governance efforts with distinction. She also serves on Thermwood’s board of directors.

FOR MORE:
https://www.thermwood.com

Star SU, the marketing, sales, and service affiliate of Star Cutter Co., hired Scott Lukomski as sales director for cutting tools. Lukomski will report to Star SU president Andreas Blind and lead the Star SU Sales team across all cutting tool applications. Lukomski joins Star Cutter coming from his most recent position as sales and marketing director at Marposs Corp.

FOR MORE:
https://www.star-su.com

The board of directors of Transor Filter USA and Board Chairman Emeritus, Irv Kaage, appointed Johan Svensson as president. Svensson has been managing director of the European office in Alvesta, Sweden. Relocating to the U.S., Svensson will be responsible for overseeing all North American operations at Transor Filter USA including sales, manufacturing, and assembly of units in their Chicago suburban facility. He will also be responsible for coordinating sales and service activities with the directors of Transor’s global offices located in Brazil, Japan, Germany, and South Korea.

FOR MORE:
https://transorfilter.com

Teledyne Technologies Inc. named George C. Bobb III as Teledyne’s president and CEO. Edwin Roks retired as Teledyne’s chief executive officer, but will continue as a special advisor to Robert Mehrabian, executive chairman, through August 31, 2025. Bobb was Teledyne’s president and chief operating officer from January 1, 2024.

FOR MORE:
https://www.teledyne.com

Lyndex-Nikken, manufacturer and provider of high-performance machine tool accessories and machine tending solutions, expanded its sales team to better serve the evolving needs of industry in the United States. The company welcomes six seasoned professionals: Michael Gregory, regional sales manager for Illinois, Iowa, Minnesota, Missouri, Nebraska, North Dakota, South Dakota, and Wisconsin; Bill Schroeder, regional sales representative for Wisconsin; Don Doyle, regional sales representative for Michigan; Jimmy Angelo, regional sales representative for Minnesota, North Dakota, and South Dakota; Stan Pearson, regional sales representative for Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont; and Tom O’Toole, regional sales representative for North Carolina, Virginia, and Washington, D.C.

FOR MORE:
https://www.lyndexnikken.com

Velo3D Inc., a metal additive manufacturing (AM) technology company for mission-critical parts, announced Brice Cooper joined the company as vice president of defense and government relations. Cooper will be responsible for expanding the company’s footprint within the defense and aerospace industries, focusing on strengthening customer relationships and driving new market opportunities. Velo3D also announced Retired Navy Rear Admiral Jason Lloyd and Kenneth Thieneman, CEO of Thieneman Construction Inc., have been appointed to the company’s board of directors.

FOR MORE:
https://velo3d.com

Fairbanks Morse Defense, an OEM and aftermarket provider of mission-critical marine technologies, appointed Steve Pykett as CEO. Most recently, Pykett served as president of Investment Castings at Precision Castparts Corp. (PCC).

FOR MORE:
fairbanksmorsedefense.com

REPORTS

The armored vehicle market, valued at $51.6 billion in 2024, is projected to reach $60.7 billion by 2029, at a CAGR of 3.3% according to MarketsandMarkets. The armored vehicle market experiences growth and evolution driven by rising geopolitical tensions and terrorism. Global military modernization programs, aiming to replace aging fleets with advanced technology-equipped vehicles, boost market demand. Innovations in armor materials, vehicle design, and weapon systems also attract investments and propel market growth. Key market players include Rheinmetall AG (Germany), General Dynamics Corp. (U.S.), Oshkosh Corp. (U.S.), BAE Systems (UK), and Hanwha Defense (South Korea). Based on the platform, the combat vehicles segment is estimated to lead the armored vehicles market from 2024 to 2029 while based on mobility, the wheeled segment is estimated to hold the highest market share, and based on region, the Asia Pacific market is estimated to account for largest market share during the forecast period.

FOR MORE:
https://marketsandmarkets.com

Intelligent power management company Eaton announced the expansion of its Orchard Park, New York facility. The $18.5 million investment will significantly increase production capacity to serve growing demand by military defense, commercial aerospace, and space customers and add 77 skilled manufacturing jobs to the community. Eaton is adding 50,000ft² of floor space to the facility to increase manufacturing capacity and enhance production efficiency by consolidating shipping, receiving, warehouse, and stocking operations under the same roof. The facility currently employs more than 450 people and manufactures oxygen, actuation, and other mission-ready technologies supporting commercial aircraft, defense, and space customers.

FOR MORE:
https://www.eaton.com