Aerosonic: Rough Past, Bright Future
From seekingalpha.com
Tim Welland submits:
Business Overview
Aerosonic (AIM) operates in one business segment, manufacturing airplane instruments. Approximately 28% of its business comes from government, with the remaining amount from the private sector. Also, approximately 40% of its business is from foreign companies in 2010 (30% in 2009). AIM has been working over the past 5+ years to move into the digital instrument market after manufacturing mostly analog instruments prior to this; this follows industry trends. AIM’s major customers are the largest defense contractors and airplane manufacturers in the world, including Lockheed Martin (LMT), Boeing (BA), and Korean Aerospace In
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