MD Helicopters (MDH), which manufactures the MD 530F, has been acquired by an investment consortium led by MBIA Insurance Corp., Bardin Hill, and MB Global Partners has acquired the company, which has also established new leadership of the company. Brad Pedersen will lead the team as MD Helicopters’ President and CEO. Pedersen brings over 35 years of aerospace experience delivering accelerated growth and financial performance in leadership positions at Boeing Rotorcraft, Sikorsky Aircraft, Breeze-Eastern, and other aerospace and defense companies. Pedersen started his career at Hughes Helicopters and has almost 20 years of Engineering and Leadership experience with the MD

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