President & CEO
Rafi Balta brings over 35 years of experience in the OEM and aftermarket gas turbine industry demonstrating a proven track record in operational excellence and commercial leadership. He has held executive positions across globally recognized organizations, managing complex operations and driving strategic growth.
Rafi began at Continental Airlines as an Engine Shop Manager, overseeing aircraft engine overhauls. After eight years, he transitioned to GE Aviation, progressing from operations to commercial leadership, ultimately serving as a Sales and Marketing Leader. At GE, he expanded the engine and component maintenance business and earned his Six Sigma Black Belt certification.
Subsequently, Rafi held senior commercial roles at Firth Rixson (now Howmet) and Mettis Aerospace. In 2010, he joined Precision Castparts Corp. (PCC) as Director of Sales and Marketing. He continued his growth at PCC, serving as Division Vice President of Sales and Marketing at Wyman Gordon before being promoted to Group Vice President. In this role, he oversaw operations across five P&L facilities on the U.S. West Coast, managing closed and open die forgings, seamless ring manufacturing, machining, heat treatment, and missile body production.
In September 2024, Rafi joined Hanwha Group and was recently appointed President & CEO of HPS and PSM. He now leads the company's global strategy to deliver innovative, high-performance gas turbine and compressor solutions for a decarbonizing world.
Rafi holds a B.S. in Industrial Technology from California State University, Los Angeles.

