Strong Financial Performance
Sales for Q1 of Fiscal 2026 amounted to $15.4 million, with a gross margin of 30.6% and an EBITDA margin of 19.2%, meeting the high end of their estimated range.
Key Defense Program Involvement
Park Aerospace is the sole source for specialty ablative materials for the PAC-3 Patriot Missile System and is expected to significantly increase output, with a proposed blanket purchase order of up to $40 million.
Strategic Partnerships and Expansions
The company has entered into a new agreement with the Arian Group to increase C2B manufacturing capacity and is planning a major new expansion of its manufacturing facilities.
Involvement in Significant Aerospace Programs
Continued participation in important aerospace programs like GE Aerospace jet engine programs, with forecasted sales of $61 million.