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ASTRONICS CORPORATION (ATRO)

Astronics Corporation engages in the design, engineering, and manufacture of lighting components, subsystems, and systems for aircraft. It offers lighting components; subsystems; and electrical power generation, control, and distribution systems for the cockpit, cabin, and exteriors of military, commercial transport, and business jet aircraft. The company sells its products primarily for aircraft original equipment manufacturers (OEM), OEM suppliers, and aircraft operators of business jets, military, and commercial transports worldwide. Astronics is headquartered in East Aurora, New York.


EDO CORPORATION (EDO)

EDO Corporation provides military and commercial products, and professional services in the United States. It operates through three segments: Defense, Communications and Space Products, and Engineered Materials. Defense segment provides integrated front-line warfighting systems and components, including electronic-warfare systems; reconnaissance and surveillance systems; aircraft weapons suspension and release systems; integrated combat systems; command, control, communications, computers, and intelligence products and systems; undersea-warfare systems; and professional and engineering services for military forces and friendly governments worldwide. Communications and Space Products segment supplies antenna products, and ultra-miniature electronics and systems for the remote sensing and electronic warfare industries. Engineered Materials segment distributes commercial and military piezo-electric ceramic products, and integrated composite structures for the aircraft and oil industries. The company was founded in 1925 by Earl Dodge Osborn and is headquartered in New York City.


SIFCO INDUSTRIES INC (SIF)

SIFCO Industries, Inc. engages in the production and sale of various metalworking processes, services, and products. SIFCO operates through three segments: Turbine Component Services and Repair, Aerospace Component Manufacturing, and Applied Surface Concepts. The Turbine Component Services and Repair segment principally consists of the repair and remanufacture of aerospace and industrial turbine engine components. This segment also performs machining and applies high temperature-resistant coatings to new turbine engine components. The Aerospace Component Manufacturing segment manufactures forged parts in various steel alloys utilizing various processes for application in the aerospace and other industrial markets. This segment's forged products include OEM and aftermarket components for aircraft and land-based turbine engines; structural airframe components; aircraft landing gear components, wheels, and brakes; critical rotating components for helicopters; and commercial/industrial products. It also provides heat-treatment and some machining of forged parts. The Applied Surface Concepts segment provides specialized electrochemical technologies, including brush plating, anodizing, and electropolishing systems, which are used to apply metal coatings and finishes to a selective area of a component. The company has operations in the United States, Ireland, the United Kingdom, and France. SIFCO was incorporated in 1916 and is headquartered in Cleveland, Ohio.


TASER INTERNATIONAL INC (TASR)

TASER International, Inc. engages in the development and manufacture of nonlethal self-defense devices. Its devices utilize compressed nitrogen to project two small probes of approximately 25 feet at a speed of approximately 160 feet per second. These probes are connected to its device by insulated wire. The probes and compressed nitrogen are stored in a replaceable cartridge attached to the base of the device. The company sells its products primarily for use in the law enforcement, military, private security, and personal defense markets worldwide. TASER International was co-founded in 1993 by Rick and Tom Smith. It was formerly known as ICER Corporation and changed its name to AIR TASER, Inc. in 1993. Further, the company changed its name to TASER International, Incorporated in 1998 and to TASER International, Inc. in 2001. TASER International is headquartered in Scottsdale, Arizona.


KAMAN CORPORATION (KAMN)

Kaman Corporation, together with its subsidiaries, engages in distributing industrial components in North America, Europe, Asia, South America, and Australia. It distributes various products and services, including bearings, electrical/mechanical power transmission, fluid power, motion control, and materials handling components, as well as musical instruments and accessories, such as guitars, percussion products and accessories, drums, cymbals, and strings. The company also engages in the production and sale of aircraft subassemblies and other parts for commercial and military airliners, and helicopters. It manufactures military safe, arm, and fuzing devices for various missile and bomb programs; precision noncontact measuring systems for industrial and scientific use; and memory systems for airborne, shipboard, and ground-based programs. In addition, Kaman Corporation offers helicopter engineering subcontract programs for other manufacturers; and self-lubricating bearings used in aircraft flight controls, turbine engines, and landing gear, as well as power transmission couplings for helicopters. The company was founded in 1945 and is headquartered in Bloomfield, Connecticut.


TRANSDIGM GROUP INCORPORATED (TDG)

TransDigm Group Incorporated engages in the design, production, and supply of engineered aircraft components for use in commercial and military aircraft worldwide. It offers ignition systems and components, such as igniters, exciters, and spark plugs that are used to start and spark turbine and reciprocating aircraft engines; gear pumps used primarily in lubrication and fuel applications; mechanical/electro-mechanical actuators and controls used in various actuation applications; NiCad batteries/chargers used to provide starting and back-up power; and power conditioning devices used to modify and control electrical power. The company also provides rods and locking devices used primarily to hold open cowlings to allow access to engines for maintenance; engineered connectors used in fuel, pneumatic, and hydraulic applications; engineered latching and locking devices used in various bin, security, and other applications; lavatory hardware and components; specialized AC/DC electric motors and components used in various defense and commercial applications; and specialized valving used in fuel, hydraulic and pneumatic applications. Its customers include distributors of aerospace components; commercial airlines, including national and regional airlines; transport and regional and business aircraft original equipment manufacturers; various armed forces of the United States and foreign governments; defense original equipment manufacturers; system suppliers; and various other industrial customers. The company was founded in 1993. It was formerly known as TD Holding Corporation and changed its name to TransDigm Group Incorporated in January 2006. TransDigm Group is based in Cleveland, Ohio.


BE AEROSPACE INC (BEAV)

BE Aerospace, Inc. and its wholly owned subsidiaries engages in the design, manufacture, sale, and service of commercial aircraft and business jet cabin interior products. The company operates in three segments: Commercial Aircraft, Distribution, and Business Jet. The Commercial Aircraft segment manufactures aircraft seats, including the seat frame, cushions, armrests, tray table, and various optional features, such as adjustable lumbar supports, footrests, reading lights, head/neck supports, oxygen masks, and telephones. It also manufactures interior systems for both narrow and wide-body aircrafts, offering coffee and beverage makers, water boilers, ovens, liquid containers, refrigeration equipment, oxygen delivery systems, and various other interior components. The Distribution segment offers fasteners and inventory management services worldwide. Its services include inventory management and replenishment, electronic data interchange, special packaging and bar-coding, quality assurance testing, and purchasing assistance. The Business Jet segment manufactures furnishings for business jets, including business jet seating and sofa products, direct and indirect lighting, air valves, and oxygen delivery systems, as well as sidewalls, bulkheads, credenzas, closets, galley structures, lavatories, and tables. The company's principal customers include commercial and business jet aircraft operators, and aircraft manufacturers. The company was co-founded by Amin J. Khoury and Robert J. Khoury in 1987. BE Aerospace is based in Wellington, Florida.


TRIUMPH GROUP INC (TGI)

Triumph Group, Inc., through its subsidiaries, offers various products and services to the aerospace industry worldwide. Its Aerospace Systems segment designs and engineers hydraulic, mechanical, and electromechanical controls, such as high-lift actuation systems, main engine gearbox assemblies, and mechanical cables. This segment also provides stretch forming, die forming, milling, bonding, machining, welding, and assembly, and fabrication on aircraft wings, fuselages, and various structural components, as well as manufactures metallic and composite bonded honeycomb assemblies for floor panels, fuselage, wings, and flight control surface parts. The company's Aftermarket Services segment provides maintenance, repair, and overhaul services to both commercial and military markets on components and accessories manufactured by third parties. It provides these services on auxiliary power units, constant-speed drives, cabin compressors, starters and generators, and pneumatic drive units. This segment repairs and overhauls thrust reversers, nacelle components, and other aerostructures. In addition, it performs repair and overhaul services, as well as supplies spare parts for various types of cockpit instruments and gauges for commercial airlines. As of June 30, 2005, the Aerospace Systems segment consisted of 25 operating locations and the Aftermarket Services segment consisted of 15 operating locations. Triumph Group serves commercial and regional airlines and air cargo carriers, as well as original equipment manufacturers of commercial, regional, business, and military aircraft and components. The company was formed in 1993 and is headquartered in Wayne, Pennsylvania.


DUCOMMUN INCORPORATED (DCO)

Ducommun Incorporated engages in the design, engineering, and manufacture of components and assemblies for the aerospace industry. It provides metal, fiberglass, and carbon composite aerostructures. The company also produces helicopter main and tail rotor blades, as well as adhesive bonded assemblies, including spoilers and fuselage structural panels for aircraft and jet engine fan containment rings. It offers aluminum stretch-forming, titanium hot-forming, machining, composite lay-up, metal bonding, and chemical milling services. In addition, Ducommun provides illuminated switches, switch assemblies, and keyboard panels for use in military aircraft, helicopter, commercial aircraft, and spacecraft programs; microwave switches, filters, and other components for use in commercial and military aircraft, and satellites; and actuators, stepper motors, fractional horsepower motors, and resolvers for space applications. Its mechanical and electromechanical assemblies include radar enclosures, gyroscopes and indicators, aircraft avionics racks, and shipboard communications and control enclosures. The company was founded in 1849 and is based in Carson, California.


ESTERLINE TECHNOLOGIES CORPORATION (ESL)

Esterline Technologies Corporation engages in the design, manufacture, and marketing of engineered products and systems for application in the aerospace and defense industries. It operates through three segments: Avionics and Controls; Sensors and Systems; and Advanced Materials. The Avionics and Controls segment offers technology interface systems for military, commercial aircraft, and land and sea-based military vehicles; secure communications systems; specialized medical equipment; and other industrial applications. Its products include lighted push-button and rotary switches, keyboards, lighted indicators, panels, and displays for control and display applications. This segment also manufactures control sticks, grips, and wheels, as well as specialized switching systems. In addition, it supplies keyboards, keypads, and input devices that integrate cursor control devices, bar-code scanners, displays, laser pointers, and voice activation. The Sensors and Systems segment produces precision temperature and pressure sensors, electrical power switching, control and data communication devices, fluid control components, micromotors, and motion control sensors for aerospace and defense customers in Europe and the United States. It also serves jet engine manufacturers, airframe manufacturers, petroleum companies, and electric utilities companies. The Advanced Materials segment offers elastomer products for commercial aerospace and military applications. Its products include thermal fire barrier insulation products and precision metal components, seals, tubing, and coverings designed in custom-molded shapes. The company also manufactures molded fiber cartridge cases, mortar increments, igniter tubes, other combustible ammunition components, and electronic warfare countermeasure devices. Its products are marketed through manufacturer representatives and selected distributors. Esterline Technologies was founded in 1967 and is headquartered in Bellevue, Washington.


ELBIT SYSTEMS LTD (ESLT)

Elbit Systems, Ltd. engages in the design, development, manufacture, and integration of defense systems, electronic systems, electro-optic systems and products, and software intensive programs and products for the global defense and homeland security sectors. Elbit Systems also upgrades existing airborne, ground, and naval defense platforms. The company offers command, control, communication, computers, intelligence, surveillance, and reconnaissance (C4ISR) systems. Its products include air, ground, and naval C4ISR systems, digital maps, night vision systems, pilot helmet mounted systems, display and data processing systems, unmanned air vehicles, computerized simulators, communication systems, thermal imaging products, laser products, optical systems for space applications, airborne reconnaissance systems, optic communication systems and products, systems for homeland defense products, surveillance products, and systems and electric drive systems. Elbit Systems was founded in 1966. The company is headquartered in Haifa, Israel.


GOODRICH CORPORATION (GR)

Goodrich Corporation supplies components, systems, and services to the commercial, regional, business, and general aviation markets worldwide. It operates in three segments: Airframe Systems, Engine Systems, and Electronic Systems. Airframe Systems segment provides systems and components pertaining to aircraft taxi, take-off, landing, and stopping. It performs aircraft maintenance, repair, overhaul, and modification services. The Airframe Systems segment also provides systems that control the movement of steering systems for missiles and electro-mechanical systems. In addition, it provides actuators for primary flight control systems that operate elevators, ailerons, and rudders; and secondary flight controls systems, such as flaps and slats. The Engine Systems segment supplies nacelles, pylons, thrust reversers, and related aircraft engine housing components. It also produces engine and fuel controls, pumps, fuel delivery systems, and structural and rotating components, such as discs, blisks, shafts, and airfoils for both aerospace and industrial gas turbine applications. The Engine Systems segment produces integrated main deck and lower lobe cargo systems for body aircraft; and engine control systems and components for jet engines. The Electronic Systems segment offers products that provide flight performance measurements, flight management, and control and safety data. Its products include ice detection systems; aircraft lighting systems; landing gear cables and harnesses; satellite control, data management, and payload systems; launch and missile telemetry systems; airborne surveillance and reconnaissance systems; laser warning systems; aircraft evacuation systems; de-icing systems; and ejection and crew seats. It also provides systems that produce and control electrical power for commercial and military aircraft. The company sells its products and services principally in North America, Europe, and Asia. Goodrich is headquartered in Charlotte, North Carolina.


KREISLER MANUFACTURING CORPORATION (KRSL)

Kreisler Manufacturing Corporation and its wholly owned subsidiaries manufacture precision metal components and assemblies in Elmwood Park, New Jersey and Krakow, Poland. The company's products include tube assemblies of various sizes and configurations, as well as machined components. These engineered manifold assemblies transfer fuel for combustion, oil for lubrication, and hydraulic fluid to activate thrust reversers. Its products are primarily used in military and commercial aircraft engines and in industrial gas turbine engines. The company sells its products through an in-house sales staff. Kreisler was incorporated in 1930 and is based in Elmwood Park, New Jersey.


HEICO CORPORATION (HEI)

HEICO Corporation, through its subsidiaries, engages in the design, manufacture, and sale of aerospace, defense, and electronics related products and services in the United States and internationally. It operates in two segments, Flight Support Group and Electronic Technologies Group. The Flight Support Group segment designs, engineers, manufactures, repairs, and overhauls jet engine and aircraft component replacement parts, such as combustion chambers, compressor blades, vanes, seals, and various other engine and aircraft parts. It also manufactures specialty aviation and defense components as a subcontractor. The Electronic Technologies Group segment designs and manufactures commercial and military power supplies, circuit board shielding, laser and electro-optical products, infrared simulation and test equipment, and high voltage interconnection devices and cable assemblies, as well as repairs and overhauls aircraft electronic equipment. It also focuses on products that are placed in airborne, vehicle-based, or handheld targeting systems, as well as provides equipment used in the development, testing, and calibration of such systems. The company also offers hydraulic, pneumatic, mechanical, and electro-mechanical components for the aviation markets. In addition, it designs, manufactures, and sells advanced interface products that link devices, such as telemetry receivers, digital cameras, high resolution scanners, simulation systems, and test systems to various computers. The company sells its products through inhouse personnel and independent manufacturer's representatives. HEICO serves commercial and cargo airlines, repair and overhaul facilities, other aftermarket suppliers of aircraft engine and airframe materials, original equipment manufacturers, military units, and electronic manufacturing services companies, as well as medical, scientific, security, and other companies. The company was founded in 1949 and is headquartered in Hollywood, Florida.


CURTISS-WRIGHT CORPORATION (CW)

Curtiss-Wright Corporation engages in the design, manufacture, and overhauling of products for motion control and flow control applications. It also provides various metal treatment services. The company operates through three segments: flow control, motion control, and metal treatment. Its Flow Control segment designs, manufactures, distributes, and services various engineered flow control products, such as valves, commercial power systems, electromechanical systems, and control systems for military and commercial applications, U.S. Navy, nuclear power plants, the oil and gas refineries, and other commercial businesses. The company's Motion Control segment designs, develops, manufactures, and maintains mechanical actuation and drive systems, electronic component and control systems, and sensors for the aerospace, defense, and industrial equipment markets. The Metal Treatment segment provides various metallurgical services, including shot peening, coatings, and heat treating. The company was incorporated in 1929 and is headquartered in Roseland, New Jersey.


UNITED INDUSTRIAL CORPORATION (UIC)

United Industrial Corporation engages in the design, development, manufacture, and support of defense systems, and training and test systems worldwide. Its products and services include unmanned aerial vehicle systems, training and simulation systems, automated aircraft test and maintenance equipment, armament systems, logistical and engineering services, and other solutions for defense needs. The company also manufactures combustion equipment for biomass and refuse fuels. The company is headquartered in Hunt Valley, Maryland.


CAE INC (CGT)

CAE, Inc. engages in the design and manufacture of simulation equipment, as well as in the provision of integrated training solutions for the military and civil aviation markets worldwide. It builds civil simulators for various categories of aircrafts and civil helicopters. The company offers flight simulators and flight training devices to commercial airlines, aircraft manufacturers, and external training centers. CAE also designs and develops military flight simulation equipment, modeling and simulation software, and training for various military aircraft, including fighter jets, helicopters, and patrol/transport planes. Its military simulators provide combat environments that include interactive enemy and friendly players, as well as weapons and military sensors. The company's military support services include the provision of contractor logistic support, maintenance services, and simulator instructions. CAE was founded in 1947. It was formerly known as Canadian Aviation Electronics, Ltd. and changed its name to CAE Industries, Ltd. in 1965. Further, the company changed its name to CAE, Inc. in 1993. CAE is headquartered in Saint-Laurent, Canada.


HEXCEL CORPORATION (HXL)

Hexcel Corporation engages in the development and manufacture of structural materials worldwide. The company offers reinforcement products, composite materials, and composite structures for use in the commercial aerospace, industrial, space and defense, and electronics markets. Its reinforcement products include industrial fabrics and other specialty reinforcement products. The company offers various composites, including carbon fibers, prepregs, structural adhesives, honeycomb, specially machined honeycomb parts and composite panels, fiber reinforced thermoplastics, moulding compounds, polyurethane systems, gel coats, and laminates. Its composite structure products include aerodynamic fairings, wing panels, and other aircraft components. The company's products are used in various end products, such as commercial and military aircraft, space launch vehicles and satellites, soft body armor, wind turbine blades, printed wiring boards, high-speed trains and ferries, cars and trucks, window blinds, bikes, skis, and various other recreational equipment. It markets its products through independent distributors and manufacturer representatives. The company operates in the United States, Europe, and the Pacific Rim. Hexcel Corporation was founded in 1946 and is headquartered in Stamford, Connecticut.


CPI AEROSTRUCTURES INC (CVU)

CPI Aerostructures, Inc. engages in the design and production of structural aircraft parts principally for the United States Air Force and other branches of the U.S. armed forces. It also provides aircraft parts to the commercial sector of the aircraft industry. The company's structural aircraft products include skin panels, leading edges, flight control surfaces, engine components, wing tips, cowl doors, nacelle assemblies, and inlet assemblies for military aircraft, such as the C-5A Galaxy cargo jet, the T-38 Talon jet trainer, the C-130 Hercules cargo jet, the A-10 Thunderbolt or Warthog attack jet, and the E-3 Sentry AWACS jet. Its commercial aircraft products include aprons and engine mounts, which attach jet engine housings to aircraft, such as the Lear 60 and Astra Galaxy business jets. The company, formerly known as Composite Products International, Inc., was founded by Arthur August in 1980. It changed its name to Consortium of Precision Industries, Inc. in 1989 and to CPI Aerostructures, Inc. in 1992. The company is based in Edgewood, New York.


SMITH & WESSON HOLDING CORPORATION (SWHC)

Smith & Wesson Holding Corporation, through its subsidiary, Smith & Wesson Corp., manufactures handguns in the United States. The company produces firearms, including revolvers, black powder fire arms, pistols, rifles, and handcuffs. It also offers hunting and sporting apparel, hunting accessories, truck and automobile accessories, military footwear, leather apparel and accessories, and gun cleaning products. The company, through Smith & Wesson Academy, provides law enforcement training facilities to law enforcement personnel. Further, Smith & Wesson Holding offers metal processing services, including forging, heat treating, finishing, and plating. Its customers include distributors, state and municipal law enforcement agencies and officers, retailers, and consumers worldwide. The company sells its products through retail stores, Internet, direct sales force, and government agencies. Smith & Wesson Holding was founded in 1852 and is based in Springfield, Massachusetts.


TODD SHIPYARDS CORPORATION (TOD)

Todd Shipyards Corporation, through its wholly owned subsidiary, Todd Pacific Shipyards Corporation, engages in the repair/overhaul, conversion, and construction of military and commercial ships. Its customers include the United States Government, the United States Department of the Navy, the United States Coast Guard, the Washington State Ferry System, and other commercial customers, such as fishing fleets, cargo shippers, tug and barge operators, and cruise lines. The company offers its services at either its Seattle, Washington facility or at the Puget Sound Naval Shipyard in Bremerton, Washington. Todd Shipyards was organized in 1916 and is headquartered in Seattle, Washington.


TELEDYNE TECHNOLOGIES INCORPORATED (TDY)

Teledyne Technologies Incorporated provides electronic components, instruments, and communications products. It operates in four segments: Electronics and Communications, Systems Engineering Solutions, Aerospace Engines and Components, and Energy Systems. The Electronics and Communications segment offers a range of electronic systems, instruments, components, and services that include environmental instruments, gas analyzers, vacuum and flow measurement, geophysical instruments, traveling wave tubes, microwave components and subsystems, microelectronic modules, high voltage connectors and subassemblies, rigid-flex printed circuit boards, sequencers, wireless transceivers and amplifiers, relays and switches, and connectors, as well as test services to serve defense, commercial aerospace, communications, industrial, and medical markets. The Systems Engineering Solutions segment provides systems engineering, technology, and manufacturing solutions to defense, space, environmental, and homeland security requirements. The Aerospace Engines and Components segment designs, develops, and manufactures piston engines, turbine engines, electronic engine controls, and aviation batteries. The Energy Systems segment provides hydrogen gas generators, and thermoelectric and fuel cell-based power sources. The company markets and sells its products and services through internal sales force, distributors, and commissioned sales representatives. Teledyne has operations in the United States, the United Kingdom, Germany, Mexico, and Canada. Teledyne Technologies is headquartered in Los Angeles, California.


HONEYWELL INTERNATIONAL INC (HON)

Honeywell International, Inc. provides aerospace products and services; control technologies for buildings, homes, and industry; turbochargers; automotive products; specialty chemicals; fibers; and electronic and advanced materials. It operates in four segments: Aerospace, Automation and Control Solutions, Specialty Materials, and Transportation Systems. The Aerospace segment supplies aircraft engines, avionics, and related products and services for commercial airlines, business and regional aircraft, manned and unmanned military aircraft, and spacecraft. Its portfolio includes engines, systems, and services; aerospace electronic systems; and aircraft landing systems. The Automation and Control Solutions segment provides environmental controls and combustion; sensing and controls; security and life safety products and services; and industrial automation solutions. This segment also offers building solutions. The Specialty Materials segment develops and manufactures chemicals and materials for applications in the automotive, healthcare, agricultural, packaging, fibers, refrigeration, semiconductor, wax, and adhesives markets. Its product portfolio includes fluorocarbons, specialty films, advanced fibers, research chemicals and intermediates, and electronic materials and chemicals. The Transportation Systems segment provides charge-air systems; thermal systems; aftermarket filters, spark plugs, electronic components, and car care products; and friction materials aftermarket brake hard parts. Honeywell International has a joint venture with Rockwell Collins, Inc. The company operates in the United States and Canada, as well as in Europe, Asia, and Latin America. Honeywell International was founded in 1920 and is headquartered in Morris Township, New Jersey.


ALLIANT TECHSYSTEMS INC (ATK)

Alliant Techsystems, Inc. supplies aerospace and defense products to the U.S. government, U.S. allies, and contractors. The company also supplies ammunition to federal and local law enforcement agencies, and commercial markets. It operates through five segments: ATK Thiokol, Ammunition, Precision Systems, Advanced Propulsion and Space Systems, and ATK Mission Research. The ATK Thiokol segment provides motors for human access to space, land- and sea-based strategic missiles, commercial and government space launch vehicles, and missile defense interceptors. The Ammunition segment supplies small-caliber military ammunition, medium-caliber ammunition, ammunition and rocket propellants, energetic materials, commercial and military smokeless powder, law enforcement and sporting ammunition, and ammunition-related products. The Precision Systems segment develops and manufactures gun-launched guided and conventional large-caliber ammunition, tactical missile systems, tactical rocket motors and warheads, composite structures for aircraft and weapons systems, and various other weapon systems and components. The Advanced Propulsion and Space Systems segment supplies propulsion solutions for missile defense, space, strategic, tactical, and commercial applications, as well as ordnance and control systems; structures for space launch vehicles, rocket motor casings, military, and commercial aircraft; telescope, satellite and spacecraft structures, optical benches, and antenna reflectors; and propulsion systems for aerospace vehicles and weapon systems. The ATK Mission Research segment develops technologies that address national security and homeland defense requirements in areas, such as directed energy, electro-optical and infrared sensors, aircraft sensor integration, antennas and radomes, signal processing, and specialized composites. The company was incorporated in 1990 and is headquartered in Edina, Minnesota.


ORBITAL SCIENCES CORPORATION (ORB)

Orbital Sciences Corporation engages in the design, development, manufacture, and operation of small rockets and space systems for the U.S. department of defense and other U.S. government agencies, as well as for commercial and scientific customers. The company operates in three segments: Launch Vehicles, Satellites and Related Space Systems, Transportation Management Systems. The Launch Vehicles segment develops and produces interceptor launch vehicles, suborbital launch vehicles, and space launch vehicles; and designs and demonstrates launch vehicle technologies for advanced space and suborbital programs. The Satellites and Related Space Systems segment designs and manufactures spacecraft, including low-earth orbit and geosynchronous earth orbit satellites, and planetary spacecraft for communications, remote sensing, scientific, military, and technology demonstration missions. This segment also designs and manufactures various other advanced space systems, including satellite command and data handling, attitude control, and structural subsystems for various government and commercial customers. In addition, it provides a range of space-related technical services, including specialized space-related analytical, engineering, and production services for the U.S. government agencies. The Transportation Management Systems segment develops and produces fleet management systems that are used primarily by metropolitan mass transit operators in the United States. Orbital Sciences was co-founded by David W. Thompson in 1982. The company is headquartered in Dulles, Virginia.


SPIRIT AEROSYSTEMS HOLDINGS INC (SPR)

Spirit AeroSystems Holdings, Inc. engages in the design and manufacturing of aero-structures. It offers structural components, such as fuselage, propulsion, and wing systems. The company's fuselage systems include forward, mid, and rear fuselage sections; propulsion systems comprise nacelles, struts/pylons, and engine structural components; and wing systems consist of wings, wing components, and flight control surfaces. Spirit AeroSystems also designs and manufactures structural components for military aircraft, including low observables that are radar absorbent and translucent, and other military products. In addition, it offers aftermarket services, such as spares, maintenance, repair, and overhaul, as well as engages in the sale of natural gas. The company, formerly known as Mid-Western Aircraft Systems Holdings, Inc., is headquartered in Wichita, Kansas. Spirit AeroSystems Holdings, Inc. is a subsidiary of Onex Corporation.


ROCKWELL COLLINS INC (COL)

Rockwell Collins, Inc. engages in the design, production, and support of communications and aviation electronics for military and commercial customers worldwide. The company operates through two segments, Government Systems and Commercial Systems. The Government Systems segment supplies defense communications systems and products, as well as defense electronics systems and products to the U.S. Department of Defense, other government agencies, civil agencies, defense contractors, and foreign ministries of defense. These products comprise communications systems and products, military data link systems and products, navigation systems and products, subsystems for the flight deck that combine flight operations with navigation and guidance functions, cockpit display systems, integrated computer systems for future combat systems, and simulation and training systems. The Commercial Systems segment supplies air transport aviation electronics systems and products, as well as business and regional aviation electronics systems and products to the manufacturers of commercial air transport, regional and business aircraft, commercial airlines, regional airlines, fractional jet operators, and business jet operators. These systems and products consist of flight deck electronic systems and products, such as communications, navigation, surveillance, displays and automatic flight control, and flight management systems, as well as in-flight entertainment, cabin electronics, and information management systems. The company also provides equipment repair and overhaul, service parts, field service engineering, training, technical information services, and aftermarket used equipment. Rockwell Collins was founded in 1933 and is headquartered in Cedar Rapids, Iowa.


LOCKHEED MARTIN CORPORATION (LMT)

Lockheed Martin Corporation engages in the research, design, development, manufacture, integration, operation, and support of technology systems, products, and services in the United States and internationally. Its Aeronautics segment produces military aircrafts, including the F-16 multirole fighter; F/A-22 air dominance, attack, and combat aircraft; F-35 Joint Strike Fighter; C-130J tactical airlift aircraft; C-5 airlift aircraft; and the F-117 stealth fighter. The company's Electronic Systems segment offers systems for undersea, shipboard, land, and airborne applications. Its products include missiles and fire control systems; air and theater missile defense systems; surface ship and submarine combat systems; antisubmarine and undersea warfare systems; radars; platform integration systems; homeland security systems; surveillance and reconnaissance systems; security and information technology (IT) solutions; simulation and training systems; and postal automation systems. Lockheed Martin's Space Systems segment offers satellites; missile systems, such as airborne and missile defense technologies, and fleet ballistic missiles; and launch services. The company's Integrated Systems and Solutions segment develops, integrates, and manages net-centric solutions. This segment also provides technology in the areas of software and systems engineering. Its Information and Technology Services segment provides IT, IT-related, and other technology services, including IT integration and management; enterprise solutions, application development, maintenance, and consulting for strategic programs; aircraft and engine maintenance and modification services; and mission and analysis services. It also offers engineering, science, and information services; and research, development, engineering, and science in support of nuclear weapons stewardship and naval reactor programs. Lockheed Martin is headquartered in Bethesda, Maryland.


LMI AEROSPACE INC (LMIA)

LMI Aerospace, Inc. engages in fabricating, machining, finishing, and integrating aluminum and alloy components, and sheet metal products for use by the aerospace, technology, and commercial sheet metal industries. Its aerospace components include wing slats, flaps, and lens assemblies; cockpit window frame assemblies; fuselage skins and supports; and passenger and cargo doorframes, and supports. The company manufactures approximately 30,000 aerospace components for integration into various civilian and military aircraft platforms. LMI Aerospace also produces sheet metal products for the commercial sheet metal industry, and components and assemblies for laser equipment used by semiconductor and medical equipment manufacturers in the technology industry. In addition, the company provides services related to the design, production, and finishing of its components. It markets its products through direct sales force and independent representatives. The company was founded by Joseph Leonard Sr. in 1948 under the name Leonard's Metal Forming Company. It subsequently changed its name to LMI Aerospace, Inc. in 1998. LMI Aerospace is headquartered in St. Charles, Missouri.


AAR CORP (AIR)

AAR Corp., through its subsidiaries, provides products and services to the aviation, aerospace, and defense industries worldwide. It operates in four segments: Aviation Supply Chain; Maintenance, Repair, and Overhaul; Structures and Systems; and Aircraft Sales and Leasing. Aviation Supply Chain segment sells various new, overhauled, and repaired engine and airframe parts and components to aviation and defense customers. It also repairs and overhauls avionics, instruments, electrical, electronic, fuel, hydraulic, pneumatic components, and internal airframe components. In addition, this segment provides inventory supply and management programs for engine and airframe parts and components, as well as sells and leases commercial jet engines. Maintenance, Repair, and Overhaul segment offers airframe maintenance services; and the repair and overhaul of landing gear for commercial and defense customers. This segment also provides airframe maintenance, modification, special equipment installation, painting services, and aircraft terminal services for various models of commercial, defense, regional, business, and general aviation aircrafts. Structures and Systems segment manufactures and repairs various containers, pallets, and shelters in support of military and humanitarian tactical deployment activities. It also designs, manufactures, and installs in-plane cargo loading and handling systems for commercial and military aircraft and helicopters; and advanced composite materials for commercial, business, and military aircraft. In addition, this segment provides turbine engine overhaul and parts supply services to industrial gas and steam turbine operators. Aircraft Sales and Leasing segment sells or leases used commercial jet aircraft, as well as provides advisory services, which include assistance in remarketing aircraft, records management, and storage maintenance. AAR Corp. was founded in 1951 and is based in Wood Dale, Illinois.


HI-SHEAR TECHNOLOGY CORP (HSR)

Hi-Shear Technology Corporation engages in the design and manufacture of pyrotechnic, mechanical, and electronic products for the aerospace industry primarily in the United States. Its products include cartridges, cutters, pin pullers, and separation nuts and bolts that are used in the functioning of satellites and the vehicles that launch them into space. In addition, the company designs and manufactures electronic fire systems that control and sequentially fire the pyrotechnic devices according to preprogrammed parameters. Its products are used in missiles, launch vehicles, weapon systems, fighter aircraft ejection seats, and other applications. The company's customers primarily include military, satellite manufacturers, launch vehicle assemblers, the U.S. Government departments and agencies, and foreign space agencies. Hi-Shear Technology was founded in 1950 and is based in Torrance, California.


DRS TECHNOLOGIES INC (DRS)

DRS Technologies, Inc. supplies defense electronic products and systems. The company operates in two segments, the Command, Control, Communications, Computers, and Intelligence (C4I); and the Surveillance and Reconnaissance (SR). The C4I segment offers various product categories, including command, control, and communications, which include naval display systems, ship communications systems, radar systems, technical support, electronic manufacturing and system integration services, secure voice and data communications; power systems, which include naval and industrial power generation, conversion, propulsion, and distribution and control systems lines; intelligence technologies, which include signals intelligence, data collection, processing, and dissemination equipment; and the tactical systems, which include battle management tactical computer systems and peripherals. The SR segment provides reconnaissance, surveillance, and target acquisition products, which develop and produce electro-optical sighting, targeting and weapon sensor systems, digital data and imaging systems, aircraft weapons alignment systems, mission and flight recorders and image intensification night vision, combat identification, and laser aimers/illuminator products. This segment also provides electronic manufacturing services, training and control systems, and test and energy management services. It offers its products to U.S. military, aerospace and defense prime contractors, government intelligence agencies, international military forces, and industrial markets. The company markets its products primarily in the United States, Canada, the United Kingdom, Israel, Spain, Australia, and other countries in Europe. It was co-founded by David E. Gross and Leonard Newman. DRS Technologies was incorporated in 1968 and is based in Parsippany, New Jersey.


HAWK CORPORATION (HWK)

Hawk Corporation engages in the design, engineering, manufacture, and marketing of friction products and powder metal precision components for industrial, agricultural, powersports, and aerospace applications. It operates in three segments: Friction Products, Precision Components, and Performance Racing. The Friction Products segment manufactures parts and components made from formulations of composite materials, primarily consisting of metal powders, and synthetic and natural fibers for use in brakes, clutches, and transmissions used in construction and mining vehicles, agricultural vehicles, trucks, motorcycles and race cars, and brake parts for landing systems used in commercial and general aviation. The Precision Components segment supplies powder metal precision components for industrial equipment, lawn and garden equipment, appliances, hand tools, and trucks. It uses composite metal alloys in powder form to manufacture engineered metal components. This segment serves four areas of the powder metal marketplace: tight tolerance fluid power components, such as pump elements and gears; powder metal components used primarily in construction equipment, agricultural equipment, and trucks; parts for the lawn and garden, appliance, and other markets; and metal injection molded parts for various industries. The Performance Racing segment manufactures and markets branded clutch, transmissions, and driveline systems for the performance racing market. This segment supplies parts for racing series, racing car clubs, and racing and competition cars. Hawk Corporation was founded in 1989 and is headquartered in Cleveland, Ohio.


NORTHROP GRUMMAN CORPORATION (NOC)

Northrop Grumman Corporation provides technological products, services, and solutions in defense and commercial electronics, nuclear and non-nuclear shipbuilding, information technology, mission systems, systems integration, and space technology primarily in the United States. The company designs, develops, and manufactures various defense electronics and systems, including airborne radar systems, secondary surveillance systems, inertial navigation systems and sensors, electronic warfare systems, precision weapons, air traffic control systems, air defense systems, communications systems, space systems, marine systems, oceanic and naval systems, integrated avionics systems, and automation and information systems. It also designs, constructs, repairs, maintains, overhauls, and refuels surface ships, nuclear-powered aircraft carriers, and submarines for the U.S. Navy, U.S. Coast Guard, international navies, and commercial vessels. Northrop Grumman also provides design, engineering, construction, and life cycle support of surface ships for the U.S. Navy, U.S. Coast Guard, international navies, and commercial vessels. In addition, it offers information technology solutions, engineering, and business services for government and commercial customers. The company provides integration of systems in the areas of command, control and intelligence systems, missile systems, federal and civil information systems, and technical and management services for government, military, and business clients. It designs, develops, and produces airborne early warning, electronic warfare and surveillance, and battlefield management systems. The company also offers spacecraft systems and subsystems, electronic systems, space science instruments, environmental monitoring space systems, avionics systems, and high energy laser systems. It primarily serves the U.S. and international military, government, and commercial customers. Northrop Grumman is headquartered in Los Angeles, California.


GENERAL DYNAMICS CORPORATION (GD)

General Dynamics Corporation engages in the design, development, manufacture, and support of technology products and services for information systems and technologies, land and expeditionary combat systems, shipbuilding and marine systems, and business aviation. It operates in four segments: Information Systems and Technology, Combat Systems, Marine Systems, and Aerospace. The Information Systems and Technology segment provides tactical and strategic mission systems, which include command, control, communication, and computing systems and products; information assurance; intelligence mission systems that include information warfare systems, battle space information management systems, signal and information collection and processing systems, and special purpose computing; and network infrastructure and information technology services that include enterprise-wide software and hardware integration, networking, and information technology support services. The Combat Systems segment offers tracked and wheeled armored combat vehicles, tracked main battle tanks and infantry fighting vehicles, guns and ammunition-handling systems, ammunition and ordnance, reactive armor, mobile bridge systems, radomes and other composite parts for aerospace systems, and chemical and biohazard detection products. The Marine Systems segment provides the U.S. Navy with attack submarine, surface warfare ships, auxiliary and combat-logistics ships, engineering design support, and overhaul and repair services. The Aerospace segment offers a fleet of business-jet aircraft and aircraft for both executive transport and special-mission platforms to governments and government agencies. The company also provides construction aggregates, and operates coal mines. Its primary customers include the U.S. military, other government organizations, the armed forces of allied nations, and various corporate and industrial buyers. General Dynamics Corporation is headquartered in Falls Church, Virginia.


EMBRAER-EMPRESA BRASILEIRA DE AERONAUTICA (ERJ)

Embraer-Empresa Brasileira de Aeronáutica S.A. engages in the design, development, manufacture, and sale of commercial aircrafts, defense aircrafts, and corporate jets. It manufactures commercial jets up to 110 seats. The company manufactures defense aircrafts, principally transport, training, light attack, and surveillance aircraft. The company also engages in the sale of spare parts, maintenance and repair, training, and other product support services, as well as aircraft leasing. Embraer also manufactures general aviation propeller aircraft, such as executive aircraft and crop dusters. It sells its products in Europe, Latin America, the Middle East, and Asia. The company was formed in 1969 and is headquartered in São José dos Campos, Brazil.


BREEZE-EASTERN CORPORATION (BZC)

Breeze-Eastern Corporation engages in the design, development, manufacture, and sale of lifting equipment for specialty aerospace and defense applications. It offers rescue hoists and cargo hook systems. The company also manufactures weapons-handling systems, including weapons handling equipment on fighting vehicles and hoisting weapons into position on carrier-based aircraft; and cargo winches and tie-down equipment, such as personnel-rescue hoists and cargo hook equipment. Breeze-Eastern sells its products worldwide through internal marketing representatives, and various independent sales representatives and distributors to military and civilian agencies, and aerospace contractors. The company was founded in 1962. It was formerly known as TransTechnology Corporation and changed its name to Breeze-Eastern Corporation in 2006. Breeze-Eastern is based in Union, New Jersey.


AEROSONIC CORPORATION (AIM)

Aerosonic Corporation engages in the manufacture and sale of aircraft instruments. Its products include altimeters, airspeed indicators, rate of climb indicators, microprocessor controlled air data test sets, and various other flight instrumentation. The company's products also comprise angle of attack stall warning systems; integrated multifunction probes, which are integrated air data sensors; and other aircraft sensors and monitoring systems. In addition, it produces a line of three-inch and two-inch mechanical and electro-mechanical cockpit instruments. The company's customers include original equipment manufacturers, primarily manufacturers of corporate and private jets; contractors of military jets; the U.S. Government; and private aircraft owners. It offers its products directly through its employees, as well as through distributors and commissioned sales representatives in the United States and internationally. Aerosonic Corporation was founded in 1953. It was formerly known as Instrument Technology Corporation and changed its name to Aerosonic Corporation in 1970. Aerosonic is headquartered in Clearwater, Florida.


FLIGHT SAFETY TECHNOLOGIES INC (FLT)

Flight Safety Technologies, Inc. engages in the research development of sensor technologies for the aviation sector in the United States. It develops three proprietary sensor technologies: SOCRATES, UNICORN and TIICM. SOCRATES (Sensor for Optically Characterizing Ring-eddy Atmospheric Turbulence Emanating Sound) is designed to detect clear air turbulence, microbursts, and aircraft generated vortices, which result in hazardous conditions to safe air travel. It's UNICORN (Universal Collision Obviation and Reduced Near-Miss) technology is based upon an arrangement of radar, which gives both visual and audible warning indication of approaching aircraft to pilots. TIICM (Tactical Integrated Illuminating Countermeasure) is a solution to the threat of ground fired and hand held missile being fired on aircraft by terrorists. Flight Safety Technologies has a strategic alliance with Lockheed Martin Corporation for the development and marketing of SOCRATES-based products. The company was founded in 1997 and is based in Mystic, Connecticut.


PEMCO AVIATION GROUP INC (PAGI)

Pemco Aviation Group, Inc., a diversified aerospace and defense company, provides aircraft maintenance and modification services, including complete airframe inspection, maintenance, and repair and custom airframe design and modification in the United States. It operates through three segments: Government Services, Commercial Services, and Manufacturing and Components. The Government Services Segment (GSS) specializes in providing programmed depot maintenance on transport aircraft. It also offers various other repair, maintenance, and modification services for government and military customers. The Commercial Services Segment (CSS) provides commercial aircraft maintenance and modification services on a contract basis to the owners and operators of commercial aircraft. The services performed under commercial maintenance contracts are C and D maintenance checks, passenger-to-cargo conversions, passenger-to-quick-change conversions, strip and paint, interior reconfiguration, and fleet standardization. It also provides modification and integration services for its commercial customers under its own or customer-provided supplemental type certificates, including integration of new avionics systems, installation of new galleys and air-stairs, and reconfiguration of interior layouts and seating. CSS offers maintenance support services to airlines coupled with related technical services. CSS also provides technical solutions. The Manufacturing and Components Segment (MCS) designs and manufactures aircraft cargo-handling systems, high precision machined parts for aircraft, barrier nets and other sewn products, seat pallets, floor panels, and other precision components. It also offers onboard cargo handling systems for various military and commercial transport aircraft. MCS serves aerospace, defense, automotive, computer, medical, electronics, and commercial industries. The company is based in Birmingham, Alabama.


ALLIED DEFENSE GROUP (ADG)

The Allied Defense Group, Inc. engages in the ownership and management of a portfolio of defense and security businesses worldwide. The company operates in four segments: Ordnance and Manufacturing (OM), Electronic Security (ES), Environmental Safety and Security (ESS), and Software, Training, and Simulation (STS). The OM segment designs, develops, manufactures, and sells ammunition and light weapons for military use. This segment also offers various ammunition and grenades in the medium caliber, artillery, anti-tank, and anti-personnel categories. The ES segment manufactures access control, intrusion protection, fire detection, and video systems; and installs security systems and networked video surveillance systems. It also develops microwave surveillance systems used in law enforcement, port security, border security, airport security, high-end commercial security, and citywide surveillance applications and defense applications. The segment's other products include cameras, command/control systems, video concealments, microwave link solutions, and other sensors. In addition, the segment offers fixed observation/transmit surveillance installations, as well as mobile command centers and airborne camera/tracking/transmit packages. The ESS segment designs, manufactures, distributes, and services weather and environmental satellite ground reception systems, as well as antenna products for satellite communications. The STS designs, manufactures, and sells battlefield effects simulators, multiair defense simulator system, rocket propelled grenade system, and the E-Pryo simulator devices. Allied Defense Group was established in 1961 as Allied Research Associates, Inc. and changed its name to Allied Research Corporation in 1988. Further, it changed its name to The Allied Defense Group, Inc. in 2003. The company is headquartered in Vienna, Virginia.