THOMAS C. FOLEY, JR. APPOINTED AS CHAIRMAN OF STEVENS AEROSPACE
May 23, 2022Stevens Aerospace
Stevens Aerospace and Defense Systems, LLC and the NTC Group, Inc. announce the appointment of Thomas C. Foley, Jr. as Chairman of Stevens Aerospace and Defense Systems, LLC (Stevens). Mr. Foley will oversee the operations and growth of Stevens, as well as future acquisitions, as the company continues to expand in the MRO segment. Mr. Foley also serves as a director at NTC Group, Inc, an investment management company that organizes majority control investments and oversees those investments post-acquisition. NTC specializes in aviation, aerospace, government and defense, and select complex manufacturing companies, along with other related technologies and products. Mr. Foley’s background includes a B.A. in Economics from Harvard University, and he has spent several years in the automotive industry, specifically focusing on e-commerce software used by several major automotive manufacturers for their in-store and online mobile commerce solutions. Mr. Foley has been an active Stevens board director since 2019, overseeing company direction as well as the development and addition of Stevens’ new MRO facility in Nashville, Tenn. “Serving as chairman of Stevens has been an honor and has provided me the opportunity to work for thirty-three years with outstanding colleagues in an outstanding industry,“ said Tom Foley, Sr., Partner & Founder, NTC Group. “Stevens will benefit from the energy and new ideas a new chairman will bring to serving our customers. I look forward to remaining on Stevens’ board and supporting the company’s new leadership.”