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Tuesday, 22 September 2020
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Tuesday, 04 Aug 2020 05:00 am

Avion Solutions Announces Transition to 100% ESOP

Avion Solutions, Inc. has announced a 100% employee-owned company. This announcement of the sale to the Employee Stock Ownership Plan (ESOP) was made on July 31, 2020 to employee owners.

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Avion Solutions, Inc. is proud to announce it is now a 100% employee-owned company. This announcement of the sale to the Employee Stock Ownership Plan (ESOP) was made on July 31, 2020 to employee owners. 

"Since we became an ESOP company in 2007 our goal has always been to be a 100% employee-owned ESOP," said Chad Donald, President of Avion Solutions. "I'm proud of our employee owners who invest themselves in the success of our company by consistently providing extraordinary service in the communities we serve. This is an historic step for Avion Solutions, and I'm excited to see what the future brings."

As of 2020, the National Center for Employee Ownership (NCEO) estimates there are approximately 6,600 ESOPs in the United States covering over 14 million participants.


Avion Solutions, Inc. is an employee-owned innovative engineering and logistics solutions provider for complex military-grade projects. Headquartered in Huntsville, Alabama with a presence in multiple states across the U.S., Avion Solutions has provided solutions to Department of Defense customers and commercial clients since 1992. Our broad range of technical expertise includes engineering, logistics and technical services, data analysis, software development, small Unmanned Aircraft Systems (UAS) and drone services, and development of a full spectrum of training solutions ranging from on-site classroom training to interactive multimedia instruction (IMI) programs

Tags Avion Solutions ESOP

Meeta Ramnani

Meeta develops credible content about various markets based on deep research, opinions from experts and inputs from industry leaders. As the managing editor at Smart Market News, she assures that every piece of news and article adds to the knowledge of decision makers. An avid bike rider, Meeta, is a postgraduate from Indian Institute of Journalism and New Media (IIJNM) Bangalore, where her specialization was Business Journalism. She carries experience from mainstream print media including The Times Group and Sakal Media Group.


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