Honoring the industry high flyers

Honoring the industry high flyers Frost & Sullivan recognised the top players in the aerospace and defense industries at the 2008 Frost & Sullivan Aerospace & Defense Awards Banquet

Singapore (BUSINESS WIRE) - The inaugural Frost & Sullivan Aerospace and Defense Asia Pacific Awards banquet was held on Friday, March 14 to honor the industry stalwarts in the Aerospace & Defense industry in the region.

The entire spectrum of the Aerospace and Defense industries was covered to recognise the best-in-class companies inclusive of defense, homeland security, aviation training, original equipment manufacturers (OEMs), aviation after-market, airlines and airports categories.

The guest of honor for the evening was Mr William Goh, President of Singapore Institute of Aerospace Engineers (SIAE).
Around 120 attendees of the ceremony included chief executive officers, vice presidents, executive directors, general mangers from various companies headquartered all over the region, within the Aerospace and Defense industry.

Of those in attendance to receive their coveted titles were Mr Chow Kok Fong (Chief Executive Officer, Changi Airports International), Mr Ambrose William (Senior Vice President - Marketing, ST Aerospace), Rajiv Jain (President, Chhatrapati Shivaji International Airport - Mumbai), Victor Jose I. Luciano (President and CEO, Diosdado Macapagal International Airport Clark International Airport Corporation), Herve Fages (Managing Director, Pelco Asia Pacific Pte Ltd) Joseph Soo (Managing Director, Rohde & Schwarz) and Peter Adams (Managing Director, Seabird Aviation Australia Pty Ltd). Also present were Winston Terence Milner (Director of Business Development, Embraer), Shanker Devarajan (CEO, AviCargo), Dr. Aloysius Tay (Executive Director, AAIS) and Edwin Tan (Deputy General Manager, Singapore EDB).

Frost & Sullivan's Aerospace & Defense awards banquets have successfully been held in the United States and Europe. In Asia Pacific, the 2007 Aerospace & Defense Awards were introduced at the Industrial Technologies Awards, last year.

The companies commended as award recipients are those that have displayed exemplary achievements in areas such as market leadership, marketing strategy, business development strategy, market penetration, customer service, growth strategy and product line strategy, amongst others. Also, qualities such as diligence, perseverance, innovation and dedication required to develop a successful business plan and excel in the increasingly competitive global marketplace are pre-requisites of the illustrious award recipient.

Subhranshu Sekhas Das, Practice Head for the Aerospace and Defense Practice, Frost & Sullivan, Asia Pacific, said, "It is no coincidence that the aviation industry in the Asia Pacific region is experiencing robust growth and development. Through years of planning and structuring, foundations have been laid to nurture and revitalize all segments in the aviation market.
Many countries in the Asia Pacific region are emerging as the world-class centres of excellence."

He further added, "Frost & Sullivan is pleased to recognize the leaders in the Asia Pacific aviation and defense industry through its highly coveted Aerospace & Defense Awards. The award recipients are pioneers in their respective fields who not only dared to venture into uncertain market conditions, but gave the region a new-found resolution to achieve greater heights."

The awards seek to showcase best practices in the industry, which are synonymous with Frost & Sullivan's in-depth analysis and coverage of aerospace and defense industry. In keeping with the company's time-honoured commitment of excellence and innovation, the awards offered are carefully reviewed and evaluated to reflect the current market landscape inclusive of the emerging technology trends. The awards are based on extensive market engineering tools evolved by Frost & Sullivan over the years. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

Frost & Sullivan congratulates all the outstanding recipients of the 2007 Frost & Sullivan Industrial Technologies AwardsAwards Categories
Award RecipientsDefense Awards Defense-Commercial Technology Adaptation Company of the Year
Korea Aerospace Research Institute Military Communication OEM of the Year
Rohde & Schwarz Homeland Security Awards Homeland Security Integrated Solutions Provider of the Year
Honeywell Security Homeland Security Video Surveillance Systems Vendor of the Year
Pelco Homeland Security Screening Systems Vendor of the Year
L-3 Security & Detection Systems Homeland Security Systems Provider of the Year
L-3 Security & Detection Systems General Aviation Awards Fixed Based Operator of the Year
Hawker Pacific OEM Awards PMA Market Penetration Leadership of the Year
Wencor PMA Manufacturer of the Year
HEICO Corporation Components OEM of the Year
Asian Composites Manufacturing Airframes OEM of the Year
Seabird Aviation Australia Aviation Training Flying Academy of the Year
Flight Training Adelaide Aviation Workforce Development Organization of the Year
Universiti Kuala Lumpur Malaysia Institute of Aviation Aviation After-Market Customized MRO Center of the Year
AIROD "One Stop Shop" MRO Services Provider of the Year
ST Aerospace Airport Airport Investment Company of the Year
Changi Airports International Aeronautical Excellence Airport of the Year
Chhatrapati Shivaji International Airport Airport of the Year (Below 15 Million Passengers Annually)
Diosdado Macapagal International Airport Airport of the Year (Above 15 Million Passengers Annually)
Singapore Changi Airport Airline Awards Widest Route Coverage Airline of the Year
Japan Airlines Airline Market Penetration Leadership of the Year
AirAsia Airline of the Year

Singapore Airlines Partner association for the 2008 Frost & Sullivan Aerospace and Defense Asia Pacific Awards was Association for Aerospace Industries of Singapore (AAIS) and Singapore Economic Development Board (EDB) was the supporting organization. Supporting media were Asian Airlines and Aerospace, Asian Defense and Diplomacy, Asian Defense Journal and Aerospace Singapore.

Frost & Sullivan, the Global Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30
offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.

Frost & Sullivan Corporate CommunicationsDonna Jeremiah, +603.6304.5832 djeremiah@frost.com or Corporate CommunicationsSurbhi Dedhia, +65.6890.0926 surbhi.dedhia@frost.com