February 18, 2025
COMMERCE, Calif., Feb. 18, 2025 – FDH Aero (“FDH”), a global provider of supply chain solutions for the aerospace and defense industry, announced today that Ian Walsh has been appointed as Chief Executive Officer, effective immediately. Walsh succeeds Scott Tucker, who will continue to support FDH in an advisory capacity as its non-executive chairman, focused on strategy and M&A efforts.
Walsh brings over 35 years of executive leadership across the U.S. Marine Corps, commercial and general aviation, defense, and industrial end markets to FDH. Most recently, Walsh served as Chairman, President, and Chief Executive Officer of Kaman Aerospace Corporation, a provider of highly engineered components and subsystems to commercial aviation, aerospace, defense, and medical end-markets. At Kaman, Walsh led the evolution of the global company into customer-centric operating segments. Prior to that, Walsh was COO at REV Group, Inc., a provider of specialty vehicles and related aftermarket parts, and spent more than 15 years in operational and P&L leadership at Textron, Inc. At both companies, Walsh drove new product development and process optimization. Earlier in his career, he served as an officer and naval aviator in the U.S. Marine Corps with combat tours in Somalia, Haiti, and Bosnia. He is a certified Six Sigma Black Belt in operations and continuous improvement.
“On behalf of the Board, we want to thank Scott for his commitment and vision, founding FDH 17 years ago and building it into a global customer-first supply chain solutions partner for aerospace and defense customers,” said David Wong, Partner at Audax Private Equity. “Under Scott’s leadership, the company completed 13 acquisitions and expanded globally into Europe and Asia. We welcome Ian and are excited for FDH’s continued momentum under his leadership.”
“FDH has a reputation as a forward-thinking partner, able to solve complex supply chain challenges for global OEMs and MRO providers,” said Walsh. “I am honored to join the exceptional team at FDH that Scott built, and I look forward to advancing our mission as a value-added supply chain solutions partner to our customers and stakeholders.”
“Ian is an established leader, whose experience and achievements in the aerospace and defense industry are matched only by his aptitude for leadership, innovation, and operational excellence,” noted Tucker. “As we continue investing behind our capabilities in service of our customers, FDH is primed for its next stage of growth under Ian’s stewardship.”
FDH Aero is a trusted global supply chain partner for aerospace and defense companies. With more than 60 years of experience, it specializes in c-class components that include hardware, electrical, chemical, and consumable products and services for global OEM and aftermarket customers. FDH is headquartered in Commerce, California, and has operations across North America, Europe, and Asia. Inclusive of the acquisition of BJG, FDH Aero now has locations in 14 countries across the globe, with more than 1,000 best-in-industry employees and over 650,000 square feet of inventory space.
For more information, visit https://fdhaero.com.
Audax Group is a leading alternative investment manager with offices in Boston, New York, and San Francisco. Since its founding in 1999, the firm has raised over $30 billion in capital across its Private Equity and Private Debt businesses. Audax Private Equity has invested over $7 billion in more than 140 platforms and over 1,000 add-on companies, and is currently investing out of its $3.5 billion, sixth private equity fund. Through its disciplined Buy & Build approach, Audax seeks to help platform companies execute add-on acquisitions that fuel revenue growth, optimize operations, and significantly increase equity value. With more than 300 employees and over 100 investment professionals, the firm is a leading capital partner for North American middle market companies.
For more information, visit https://www.audaxgroup.com/.