Avion Solutions Announces Transition to 100% ESOP

  • Published Month : Tuesday, 04 Aug 2020 05:00 am

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.

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

About The Insight Partners:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

A PHP Error was encountered

Severity: Warning

Message: count(): Parameter must be an array or an object that implements Countable

Filename: amp/news_details_amp.php

Line Number: 252

Backtrace:

File: /home/smartmarketnews/public_html/application/views/amp/news_details_amp.php
Line: 252
Function: _error_handler

File: /home/smartmarketnews/public_html/application/controllers/Amp_controller.php
Line: 41
Function: view

File: /home/smartmarketnews/public_html/index.php
Line: 315
Function: require_once

Smarter Decisions with Smart News

Smart Market News is committed to getting its readers the latest updates and insights on industries that help in making “smarter” business decisions. With insights and inputs from corporate decision makers, we bring you the stories of adopting innovative solutions and strategies that have been changing the world. Our editorial insights on products, solutions, companies, and adoption of best practices not only help in understanding the markets better, but also prove to be a complete package for your information needs.

media@smartmarketnews.com | sales@smartmarketnews.com

Contact Us
Visit Our Sites
© The News and Media Division of The Insight Partners 2019 | All Rights Reserved | Privacy Policy