Mclean, Virginia – May 12, 2017 – MAG Aerospace has been recognized as the 2017 Corporate Growth Company of the Year ($75-$250M) by ACG National Capital.
MAG Aerospace was selected as one of the greater D.C. business community’s fastest growing and most successful company by the 2017 Corporate Growth Awards Committee. The award was presented at a black-tie gala on May 11, 2017.
“ACG National Capital Corporate Growth Award winners represent the very best in the middle-market business management and innovation,” said Shooter Starr, Client Advisor at Brown Advisory and the chair of the 2017 Corporate Growth Awards Committee. “The companies and business leaders selected for these prestigious awards are chosen specifically for their accomplishments and creativity growing their businesses and in driving corporate growth.”
The ACG National Capital Corporate Growth Awards recognize the enterprises and individuals in the greater Washington, D.C. metro area’s business community that have exhibited excellence in corporate growth and deal making over the past year.
MAG Aerospace has experienced three years of almost 100% growth, growing from 91 employees in the fourth quarter of 2013 to 902 in the fourth quarter of 2016, and with annual revenue in excess of $200M
“MAG is honored to be recognized by ACG for its growth over the last 3 years.” said Joe Fluet, MAG Aerospace CEO. “We are fortunate to be supported by tremendous partners and professionals as we serve the needs of customers around the globe.”
About ACG National Capital
ACG National Capital, a chapter of the international association, ACG (Association for Corporate Growth) that serves Washington, D.C., northern Virginia and southern Maryland, drives middle-market growth and increases deal flow. It provides unparalleled opportunities for networking, deal making and professional development for individuals involved in building corporate value through M&A, strategic partnerships, organic growth and capital funding.
ACG National Capital’s veteran leadership and its membership have participated in nearly every M&A transaction completed recently in the D.C. metro region with over 400 members. For more information, visit www.acgcapital.org or the ACG online publication at www.acgcapitalblog.com.
About MAG Aerospace
MAG Aerospace, headquartered in Woodbridge, Virginia, is a leader in providing and enabling real-time situational awareness to help its customers to make the world smaller and safer. Private equity backed by the Clairvest Group, MAG Aerospace delivers full-spectrum ISR Services (operations, training, and technical services) and other specialty aviation to federal, international, civilian, and commercial customers around the world. In 2016, MAG’s team of 900+ professionals operated 140+ manned and unmanned special mission aircraft during more than 68,000 flight hours on 5 continents in support of our customers’ missions. For more information, visit www.magaero.com.