Amy K. Hoage (see photo) has been selected as VP-business development for PAS Technologies, Kansas City, Mo. She was director of aerospace business development at Goodrich Corp. Engine Components.

E. Robert Lupone has been appointed executive VP, general counsel and secretary of Textron, Providence, R.I., succeeding Terrence O'Donnell, who will retire. Lupone was senior VP and general counsel of Siemens Corp.

Richard Larson (see photo) has been named executive director-business development for MEI Technologies of Houston. He was VP-business development for space and launch at the Science Applications International Corp.

Gilles Gosselin (see photo) has been appointed general manager of Munich-based Aviareps' subsidiary in Paris with added responsibility for the Morocco office. He was managing director for France and Europe at Air Seychelles.

William J. Lynn , 3rd, has become chairman and CEO of DRS Technologies, Parsippany, N.J., succeeding Mark S. Newman. Lynn was U.S. deputy secretary of defense in 2009-11.

For investors in aerospace stocks, it doesn't get much better than TransDigm. The supplier of aircraft components has seen its share price more than quintuple since going public six years ago, with gains of 67% in 2009, 52% in 2010, 33% in 2011 and about 20% so far in 2012. Sales are on pace to reach $1.5 billion this year—up ten-fold since 2000—and the company has posted operating margins of 44% in a sector where 20% is considered superior.

Boeing estimates the aircraft services aftermarket will be worth $2.3 trillion over the next 20 years.

Warren Persavich has been appointed president and CEO of Wichita-based NASAM, succeeding Aki Sato. Persavich was senior VP-parts distribution of Greenwich AeroGroup.