CMC Electronics is buoyed by recent selections of its new infrared enhanced-vision system (EVS), satellite communications antennas and electronic flight bags (EFB) by airframe manufacturers, as well as by what it envisions as a promising business outlook. The Montreal-based subsidiary of Esterline is also here introducing its new president, Greg Yeldon, who this August moved into the top spot from vice president of finance after nearly 15 years with the company.
“CMC is extremely well positioned [in the industry],” Yeldon said, citing a diversity strategy adopted post-9/11, which has led to a portfolio balanced between OEM and retrofit markets and a “50-50 split between military and commercial. I think we’re on a strong path.” He added that unlike many in the aerospace industry, CMC has avoided major layoffs. “We had a minimal reduction in May, centered on our commercial manufacturing area. We hope to recall those people fairly soon. Overall, our workforce has grown considerably in the past two to three years.”
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