The Aerospace Corp. taps new president

The Aerospace Corp. has named Steve Isakowitz president of the company, effective Aug. 1.

He replaces Wanda Austin, current Aerospace Corp. president, who is retiring.

Isakowitz is currently the president of Virgin Galactic. He was selected due to his experience in space management, science and technology, budgeting, and financial administration in both government and corporate environments, the company said in a release.