Raisbeck Engineering

An Acorn Growth Company

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Hal Chrisman

Five-Year GSA Contract Expands Raisbeck’s Footprint in Government Arena

Raisbeck Engineering, a leading provider of performance enhancement systems for business, commercial and military aircraft, today announced that it has been awarded a General Service Administration Multiple Award Schedule contract (MAS). The contract, which took effect September 30, 2022, is valid for five years with three five-year option periods.

The GSA Schedule is significant in that it makes the company’s products accessible through a simplified buying process to state and federal government agencies, expanding the company’s footprint in the federal government marketplace. To qualify for GSA approval, the company went through a rigorous 18-month application process. Contractors selling through the GSA contract are carefully vetted beforehand and must have a proven track record within its industry. The GSA Multiple Award Schedule also provides a competitive advantage in the government sector since terms and conditions including pricing and warranties are previously agreed upon.

“We are very excited to receive a GSA Contract Award,” stated Raisbeck President Hal Chrisman. “Getting on the GSA schedule shows government buyers that Raisbeck Engineering and our products have been thoroughly vetted by the government. So, any state or federal agency can, with confidence and ease, purchase Raisbeck’s existing performance improvement modifications or engineering services to address new or emerging requirements.”

Founded in 1949, GSA manages more than one-fourth of the government’s total procurement dollars and continuously accounts for approximately $44 billion of Government spending. GSA provides a centralized delivery system of products with predetermined terms and conditions such as pricing, delivery times, and warranties and serves to leverage its buying power to obtain the best value for taxpayers.

Don Graves Joins Raisbeck as Chief Financial Officer

Raisbeck Engineering, a leading provider of performance enhancement systems for business, commercial and military aircraft, today announced the appointment of Don Graves as Chief Financial Officer.

Graves is a seasoned leader who brings over 25 years of finance, corporate strategy, accounting, and operational expertise at the executive and board level. He comes to Raisbeck from Korry Electronics, where he was a key business leader responsible for overseeing the company’s financial functions, including financial reporting, analysis, and forecasting, a role in which he positioned Korry for financial growth and efficiency. In addition, Graves supervised the company’s accounting and IT departments.

“Don is an excellent addition to our team and brings with him extensive financial, operational, and strategic experience with a proven track record of success,” said Hal Chrisman, President of Raisbeck. “This, combined with his experience in and financial knowledge of the Aviation Industry will be a huge asset as we move the company forward in advancing our strategic growth initiatives.”

In his new role, Graves will lead Raisbeck’s financial activities including, accounting, financial planning, and analysis, financial reporting, cost control, insurance, and internal audit. Additionally, he will oversee the company’s ERP implementation, and interface with parent company Acorn Growth Companies and its investors.

“I am excited to step into the CFO role at Raisbeck and assist the company as it continues to grow,” said Graves. “Raisbeck has a strong foundation with excellent growth opportunities, and I look forward to working with Hal and the rest of the team to help drive the Company into its next phase.”

Prior to joining Korry Electronics, Graves served as Director of Business Management at Blue Origin, where he was responsible for managing all financial planning and analysis, developing Strategic Plans, Forecasting, and Costing Models for the Business Units. He also served as VP Finance at Top Aces and CFO of the Advanced Composites and Engineered Materials Division at Zodiac Aerospace. Graves holds a master’s degree in business administration from Portland State University and a bachelor’s degree in business and administrative studies from Lewis & Clark College.

Intercontinental Jet Service Joins Raisbeck Dealer Network

Intercontinental Jet Service Corp. headquarters in Tulsa, Oklahoma

Seattle, Wash. – November 11, 2020 – Raisbeck Engineering Inc. is pleased to announce the addition of Intercontinental Jet Service Corp. (IJSC) to its global network of Authorized Dealers. With this appointment, IJSC brings its extensive range of MRO services and expertise to the Beechcraft King Air market for which Raisbeck offers time-proven performance, safety and comfort enhancement systems.

Intercontinental Jet Service is an FAA Part 145 repair facility based in Oklahoma at Tulsa International Airport (TUL) where it provides major inspections, heavy structural repairs, propeller overhauls and avionic upgrades for many aircraft makes and models including Mitsubishi, Cessna and Piaggio. IJSC is one of the largest Honeywell Authorized TPE331 Engine Major Service Centers and has been a factory owned and Authorized Mitsubishi Service Center since 2016.

“We’re excited to be working with the team at Intercontinental Jet Service and view this new partnership as a win-win situation,” said Hal Chrisman, President of Raisbeck Engineering. “Intercontinental Jet Service has the expertise and facilities necessary to provide the high-quality sales, installation and maintenance services we expect of our Authorized Dealers. In turn, Raisbeck is able to expand its presence in the markets IJSC already serves.”

Mark James, President of Intercontinental Jet Service, commented: “Becoming a Raisbeck Authorized Dealer enables us to meet the demands of discerning King Air operators looking to improve the efficiency of their aircraft. This agreement represents another significant step in our 30-plus year history of expanding our support of the turboprop market.”

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About Intercontinental Jet Service Corp.

A wholly owned subsidiary of Mitsubishi Heavy Industries of America, and holder of numerous FAA authorizations, IJSC currently offers over 56,000 square feet of hangar, back-shop and office space dedicated to turboprop and jet maintenance, avionics, and propeller overhauls and repairs. The company is airframe factory authorized by Mitsubishi MU-2, Cessna Caravan and Piaggio Avanti among others, and maintains representive agreements with Collins, Garmin, and Texas Turbine Conversions in addition to Raisbeck Engineering. Please visit www.ijetservice.com as well as their Facebook page.

About Raisbeck Engineering

Raisbeck Engineering, an Acorn Growth Aerospace and Defense company, is a leading provider of aircraft modifications for business, commercial and military aircraft. Dedicated to improving performance and efficiency for aircraft owners, Raisbeck’s aerodynamically-designed enhancements deliver better performance results and improve passenger comfort. For more information about Raisbeck Engineering and our products, please visit www.raisbeck.com. Stay connected with Raisbeck online through our Facebook, Twitter, and LinkedIn accounts.

Contact:  Michelle Lieuallen
michelle@raisbeck.com
(206) 723-2000

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