Page 24 - ADT JULY - AUGUST 2022 Online Magazine
P. 24

The confidence in his voice is palpable as Paolo   [ REPORT ]
                                                                       Graziano, Magnaghi Aeronautica (MA Group)
                                                                       CEO, talks about his vision for the company
                                                                       that has expanded its international footprint
                                                                       significantly over the last decade.
                                                                       “We are in growth mode. We are looking at
                                                                       opportunities not only in terms of  capacity but
                                                                       also capability. We  have an investment plan
                                                                       for the next year, both in the U.S. and Europe,
        Poised                                                         and have identified certain niche areas that
                                                                       we want to invest in. Discussions have already
                                                                       been initiated with a few companies. Besides
                                                                       acquisitions, we are also planning to expand
                                                                       our existing capabilities. Being small and agile
                                                                       is an advantage, but sometimes, you have to
        for Major
                                                                       show off your muscles.”

                                                                       Doubling in Size
                                                                       Graziano expects the company, which has so
                                                                       far produced over 20,000 landing gears for
        Growth                                                         more than 7,000 small and large civil and mil-
                                                                       itary aircraft and helicopters, to experience a
                                                                       growth spurt. “We have a clear idea about what
                                                                       the right size for the company is,” he says. “We
                                                                       still have room to grow in our five-year plan.
                                                                       Once we have doubled our size, we will stop.
                                                                       We currently have about 1,000 employees and
                                                                       we expect the number to grow to about 2000.
         MA GROUP, WHICH HAS BEEN SELECTED AS A                        That is the right size for our market, for our
         SUPPLIER FOR TWO MAJOR INTERNATIONAL                          niche.”
         PROGRAMS – DEFIANT X AND RACER – IS EYEING                    Expanding existing capacity through acquisi-
         GROWTH THROUGH ACQUISITIONS                                   tions is part of the company’s strategic plan.
                                                                       “We are looking at acquiring some capacity
                                                                       and are evaluating a few options. We want to
           Arun Sivasankaran                                           increase capacity with more systems, machin-

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