About Alabama Aircraft Industries, Inc

Alabama Aircraft Industries, Inc., an aerospace and defense company, primarily provides aircraft maintenance and modification services. The company offers these services as a prime contractor or as a sub-contractor to the armed forces and other agencies of the United States government and military, as well as foreign governments. The company provides aircraft maintenance and modification services for government and military customers primarily through its Government Services Segment (GSS), which provides Programmed Depot Maintenance (PDM) on transport aircraft. In addition to PDM, various other repair, maintenance, and modification services are performed for the GSS’s customers. PRINCIPAL PRODUCTS AND SERVICES Aircraft Maintenance and Modification The company provides aircraft maintenance and modification services, which include airframe maintenance and repair, and custom airframe design and modification. A majority of the services are provided under multi-year programs for military customers. The company’s military customers include the U.S. Armed Forces and certain foreign military services. The principal services performed are PDM, aircraft modifications, aircraft stripping and painting, rewiring, parts fabrication, and engineering support. The majority of the aircraft that the Company services are transports such as the C-130 ‘Hercules’, refueling aircraft such as the KC-135, and the P-3 patrol aircraft. The principal services performed under military contracts are PDMs, systems integration of component upgrades and modification of fixed wing aircraft. The typical PDM program involves a nose-to-tail inspection and a repair program on a four- or five-year cycle. In addition to heavy maintenance, the program includes airframe corrosion prevention and control, rewiring, component overhauls, and structural, avionics, and various other system modifications. At the onset of the PDM, the aircraft is generally stripped of paint and the entire airframe, including the ribs, skins and wings, undergoes a thorough structural examination, which results in repairs to the airframe. The aircraft’s avionics receive examination and repair, replacement, or modification as required. The aircraft is repainted at the completion of the overhaul. The company also performs in-house heat treatment on alloys used in aircraft modifications and repairs and has non-destructive testing capabilities and test laboratories. The company has provided maintenance, integration, and modification work on various military aircraft, including C-130, KC-135, C-9, P-3, T-34, A-10, F-4, F-15, F-16, T-38, and the U.S. Navy H-2 and H-3 helicopters. Competition The company’s competitors for military aircraft maintenance contracts include Boeing LSS, Lockheed-Martin Aircraft and Logistics Center, and L-3 Communications. History The company was founded in 1983. It was formerly known as Pemco Aviation Group, Inc. and changed its name to Alabama Aircraft Industries, Inc. in 2007.

Country
Industry:
Aircraft
Founded:
1983
IPO Date:
05/07/1987
ISIN Number:
I_US01023E1001
Address:
1943 North 50th Street, Birmingham, Alabama, 35212, United States
Phone Number
205-592-0011

Key Executives

CEO:
Aramini, Ronald
CFO
Data Unavailable
COO:
Data Unavailable