#USA #Defense Technology #Huntington Beach #Mach Industries #Gary Hobart

Mach Industries Welcomes Gary Hobart as Chief Financial Officer

Mach Industries, a prominent entity in advanced defense manufacturing, has made a significant leadership move by appointing Gary Hobart as its Chief Financial Officer (CFO). This decision, announced on August 19, 2025, marks a pivotal moment for the organization as it seeks to harness Hobart’s extensive experience in aerospace, defense, and corporate finance to drive innovation and growth.

A Seasoned Finance Leader

Gary Hobart enters this role with an impressive career spanning over thirty years. His background includes executive management positions in the aerospace and defense sectors, as well as considerable expertise in investment management and corporate finance. This rich tapestry of experience positions him perfectly to help steer Mach Industries into its next growth phase.

Ethan Thornton, the Founder and CEO of Mach Industries, expressed optimism about Hobart’s new role, stating, "Gary's unique combination of capital markets acumen and financial leadership in defense technology makes him an invaluable addition to our team." Thornton emphasized that Hobart's ability to foster growth across financial and operational divisions would be crucial as the company continues its mission of delivering state-of-the-art defense solutions.

Strategic Achievements

Before joining Mach Industries, Hobart held prominent positions including CFO and Chief Transformation Officer at Terran Orbital Corporation, a leading manufacturer of small satellites for defense and intelligence purposes. It was during his tenure that Terran Orbital successfully went public in March 2022 and was later acquired by Lockheed Martin in October 2024. Under his financial stewardship, the company scaled its backlog to over $2.8 billion while raising more than $500 million in capital and expanding production capabilities fivefold.

Prior to his time at Terran Orbital, Hobart accumulated a wealth of experience working as a buyside investment manager for Beach Point Capital, managing a portfolio worth $19 billion, along with time spent with the Trust Company of the West. His expertise focused on private equity and special situations investing, overseeing major transactions across various sectors including aerospace and defense.

Preparing for the Future

Reflecting on his new role, Gary Hobart stated, "Joining Mach Industries is an exciting opportunity to apply my experience in capital markets and operational scaling to a company at the forefront of defense technology." He expressed eagerness to contribute to the growth of Mach Industries and its mission to enhance national security through groundbreaking innovation.

About Mach Industries

Founded in 2023 and headquartered in Huntington Beach, California, Mach Industries is committed to maintaining American superiority in defense technology. The company focuses on vertically integrating its manufacturing processes while accelerating the pace of technological innovation. Supported by prominent venture capital firms, Mach is dedicated to the design and development of systems that not only deter kinetic conflicts but also bolster global security.

With Gary Hobart's strategic acumen, Mach Industries is poised to advance U.S. defense capabilities while fostering a resilient manufacturing infrastructure. The future looks promising as Hobart joins the executive team, ready to navigate the complex and evolving landscape of defense technology and finance.

For further information about Mach Industries and its initiatives, please contact [email protected].