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Business/Financial

Private Equity Firm Blackstone Hires Albaugh

Defense Daily Staff

Friday, May 10th, 2013

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Seeking to boost its expertise in the aerospace and defense industry, the private equity firm Blackstone [BX] yesterday said it has hired former Boeing [BA] executive Jim Albaugh as a senior advisor. Albaugh at one time led Boeing’s $30 billion-plus segment and ended his career with the company last year after leading its $30 billion-plus commercial aircraft division. “Jim's addition to our team strengthens our expertise in the aerospace and defense sector and will help us pursue attractive opportunities on…

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