Industry & Services >> CEO Interviews >> June 24, 2002

Roy Norris – Mooney Aerospace Group Ltd (aasi)

ROY H. NORRIS is the President, CEO and Chairman of the Board of Mooney Aerospace Group, Ltd., an aircraft development and manufacturing firm located in Long Beach, California. He has over 25 years' experience as a senior corporate officer in the aircraft and computer industries and has introduced over 10 new models of business jets. As President of Raytheon Aircraft (formerly Beech Aircraft) from 1994-1997 he was responsible for management of a $2.3 billion enterprise as a member of a two man Executive Office to which all operations of the company jointly reported. He was responsible for a 30% increase in sales and earnings during this period, and the development and launch of two major new business jet aircraft product lines, the Premier I and the Hawker Horizon. He oversaw the merger of Raytheon Corporate Jets into Raytheon Aircraft and the move of manufacturing from the UK to the US. Previously he was President and CEO of Raytheon Corporate Jets, a separate $484 million division of the Raytheon Company which manufactured and sold the world's leading midsize business jets, the Hawker 800 and 1000. He was responsible for the development of the Hawker 800XP, the world's best selling mid-size business jet. At Gulfstream Aerospace, where he was Vice President of Sales and Marketing, he was extensively involved with the launch of the G-V program and reorganization of sales and marketing operations. Prior to that he was Senior Vice President for Marketing and Sales for Cessna Aircraft Company, an $818 million producer of business jet and utility turboprop aircraft. Mr. Norris has previously served on the Board of Directors of Century Aerospace Corporation ' developers of the Century Jet; ERDA ' an aircraft seating manufacturer; and AASI ' developers of the JETCRUZER 500 aircraft. He was Chairman of the Minority Business Development Council of Wichita, Kansas, and as a volunteer was responsible for marketing for United Way of The Plaines in Wichita, Kansas. He is a 1968 graduate of Auburn University with a BS in Chemical Engineering and was selected as Auburn University's Outstanding Engineering Graduate for 1997. Profile
TWST: Would you begin with a brief sketch of the company?

Mr. Norris: Mooney Aerospace is actually a new creation. It was formerly

called AASI. AASI was a California company that was involved