Meggitt-USA Inc., Simi Valley, Calif., hired Baird Advisors to manage...

Meggitt-USA Inc., Simi Valley, Calif., hired Baird Advisors to manage $80 million in active domestic fixed income for its $110 million Whittaker Corp. pension plan, replacing Putnam, said Robert W. Soukup, vice president of administration and treasurer. Whittaker, acquired in 1999, froze the plan in 1994, he said. Plan officials conducted a routine search and Putnam was allowed to rebid, although it was not a finalist, he said. The plan's asset allocation is 75% fixed income and 25% equity. Aon Investment Consulting advised.