News

Vertical Adds Former Leonardo US Chief Clyde Woltman as Defence Strategy Expands

Vertical Aerospace appointed Clyde Woltman to its board on 5 October as two directors departed. The governance change adds US aerospace and defence experience while Valo’s certification and hybrid-electric development remain separate programme work.

October 5, 2026

·
2 min
· By PropulsionWatch Editorial
Vertical Adds Former Leonardo US Chief Clyde Woltman as Defence Strategy Expands

The Short Version

Key Numbers

5 October 2026 — appointment and two departures effective Q4 2027 — company target for first conforming-aircraft assembly 2029 — company target for Valo type certification

Why It Matters

The appointment adds industrial and US government-programme experience as Vertical pursues certification, manufacturing and additional mission markets.

What To Watch

Conforming-aircraft progress, the hybrid-electric test campaign and any separately disclosed defence contracts or funded programmes.

Vertical Aerospace appointed former Leonardo Helicopters US chief executive Clyde Woltman to its board, effective 5 October 2026. Carsten Stendevad and James Keith Brown left the board on the same date.

The company’s Form 6-K records board approval on 4 October. Mudrick Capital proposed Woltman under its director appointment rights; the two departing directors had notified the board on 1 October.

US industrial and defence experience

Woltman led Leonardo Helicopters US from 2022 to 2026 and previously held senior roles at Aerojet Rocketdyne and Pratt & Whitney. He is a retired US Marine Corps colonel. Vertical’s announcement places the appointment within its commercial, hybrid-electric, autonomous and defence strategy, following Fabrice Brégier’s appointment as chair.

PropulsionWatch analysis: the appointment strengthens board-level experience in industrial delivery and government programmes. The announcement contains no new defence contract, funded development award or aircraft approval. Evidence of those outcomes would require separate disclosures.

Valo’s next work remains technical

The board announcement follows the opening of Vertical’s Cotswold Airport assembly centre on 25 September. That earlier release says the facility will build certification-conforming Valo aircraft and a hybrid-electric demonstrator.

Vertical expects conforming-aircraft assembly to begin in Q4 2027 and hybrid-electric flight testing in the first half of 2027. Its stated type-certification target remains 2029. These dates are company expectations, subject to development and regulatory progress.

Industrial leadership can support that work, but the next measurable programme evidence is the design baseline, conforming hardware and compliance testing. Any defence expansion should be assessed against disclosed customers, funding and mission requirements rather than the appointment alone.

Image: Vertical Aerospace’s official Valo show-model image, originally released in December 2025. Used as programme context; it does not depict the board appointment.

Sources

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