Park Aerospace (PKE) Company presentation summary

Business overview

• Develops and manufactures advanced composite materials for aerospace, including prepregs, film adhesives, and lightning strike protection materials.

• Supplies materials for primary and secondary structures in jet engines, transport aircraft, drones, business jets, rotary wing, and missile systems.

• Designs and fabricates composite parts, assemblies, and low-volume tooling, including proprietary SigmaStrut and AlphaStrut product lines.

• Offers specialty ablative materials for rocket motors and radome applications.

Historical milestones

• Founded in 1954, initially focused on nameplates and decorative trim; went public in 1961.

• Shifted focus to aerospace in 2007, expanded Newton, KS facility multiple times, and completed transformation to aerospace by 2018.

• Changed name to Park Aerospace Corp. in 2019 and celebrated 70 years in business in 2024.

Key customers and market segments

• Top customers include AAE Aerospace, GKN Aerospace, Kratos Defense, MRAS, and The Nordam Group.

• Major programs supported: Airbus A321XLR, Boeing 787, Bombardier Global 8000, Patriot PAC-3 MSE Missile System, XQ-58 Valkyrie.

• Revenue split in FY2027 Q1: 46% military, 47% commercial aircraft, 7% business aircraft.