Global Aerospace, Inc. Announces Promotion of Anthony Moschetta to General Counsel

April 2, 2012

Parsippany, New Jersey—Global Aerospace, Inc. is pleased to announce the promotion of Anthony Moschetta to General Counsel effective April 1, 2012. Anthony will report to Jeff Cassidy, President and Chief Operating Officer of Global Aerospace, Inc. and Stephen Walsh, Group General Counsel. Anthony will be replacing Leonidas Demas, who will be transitioning to an important part-time role within the Company’s Legal Department and continuing to support certain claims matters. Lee has served as General Counsel since 1995.

“I am excited to be able to appoint someone of Anthony’s experience, intelligence and insight to fill the role of General Counsel. I am also very pleased to be able to continue to work closely with Lee in his new role. Both individuals bring a wealth of experience to the benefit of Global Aerospace and our clients,” stated Jeff Cassidy.

Mr. Moschetta joined Global Aerospace in 1986. He was promoted to Assistant Vice President in 1989, to Vice President in 1993, and most recently to Senior Vice President. Prior to joining Global, Anthony held positions as a Staff Author for Matthew Bender & Company and as Law Secretary to the Hon. Eugene L. Nardelli, Acting Justice, Supreme Court of New York State. Anthony graduated from Fordham Law School in 1982 and Fordham College in 1979.

Mr. Demas joined Global Aerospace 1982. He worked for a year in the General Counsel’s office before moving to Products Liability Claims, where he managed the department. In 1993, Lee was promoted to Assistant Director of National Accounts Claims, and in 1994 he became Director of National Accounts Claims. In 1996, he became the Assistant Director of Claims, and in 1997 was appointed General Counsel with additional responsibility for the Environmental Claims Unit. Prior to working at Global, Lee worked for an admiralty law firm in New York City. Earlier in his career, he was a pilot in the U.S. Air Force flying rescue missions as command pilot in the HC-130 aircraft. He received his undergraduate degree from Dartmouth College and his law degree from Franklin Pierce Law School.