The Private Equity Podcast, by Raw Selection Greg Bloom on Growing a Successful Aerospace & Defence Company and his Predictions for the Future of the Industry
Today's Guest
Today we welcome Greg Bloom, an experienced private equity backed operating partner and CEO experienced in the aerospace, defence and intelligence sector. Greg is possibly one of the most connected people I know in the A&D world and has a stellar track record of growing companies.
Starting his career in Investment Banking, Greg spent his early career working for Prudential Securities in both Los Angeles and New York.
Greg then spent the next 10 years working for various different companies before joining Seal Science in 2002.
Being hugely impacted by the 9/11 terror attacks, Greg was instrumental is driving the company to become a military and aerospace support organisation and developed Seal Science into one of the top companies in Signature Management (stealth technologies).
Greg made the move the Private Equity in 2019 and now works closely with Acorn’s Aerospace and Defence portfolio companies.
What’s in this episode?
In today’s episode Greg talks all about his experience working in the Aerospace and Defence industry and gives his predictions for the future.
What you'll learn
· Why now is the best time to look at your portfolio of talent
· Why fleets and A&D companies need to diversify towards environmentally friendly aircraft
· Why you need to make decisions quickly in your company
· Why you should be willing to serve
Breakdown
3:47 - What are the differences working for non PE backed companies to working in a PE company now
5:46 - What are the biggest mistakes PE firms and Portfolio companies are making right now
9:15 - Greg talks about his time leading Seal science and 7x the revenue
11:55 - What should Aerospace and Defence companies be doing in the current climate
15:12 - What is the biggest area for growth in the A&D area right now?
20:10 - What three attributes makes a top performer
28:25 - What do you like and dislike about the Private Equity Industry
33:08 - What are your influences
36:00 - Have you even been blindsided and what did you learn from it?
39:50 - What advice would you give to your 20 year old self?
Resources
https://www.linkedin.com/in/gbloom/
https://acorngrowthcompanies.com/
Thank you for tuning in!
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Lastly, if you have any feedback on the podcast or want to reach out to Alex with any questions, send an email to alex.rawlings@raw-selection.com