AAI flies high, with or without pilots. AAI makes aerospace and defense systems, including unmanned aerial vehicle (UAV) systems for the US military and other customers. Products include automatic test equipment for avionics, electronic warfare test and training systems, and training simulators for combat systems and aircraft maintenance. It also provides engineering, logistics, and maintenance services related to its products. The US military accounts for most of AAI's sales; other customers include foreign militaries and commercial aviation companies. It operates facilities in Alabama, South Carolina, Texas, and Utah. AAI is part of Textron Systems, a subsidiary of Textron Inc.
Sales from AAI's UAVs have represented a bright spot in the Textron System's business, which has experienced revenue declines in its other product lines (i.e. land and marine weapons and sensor systems). With the US Department of Defense boosting its budget for UAVs used in Afghanistan, Iraq, and Pakistan, AAI's strong revenues have offset the declines and helped maintain its parent's profit margins.
AAI's businesses include Australia-based Aerosonde, which makes small, lightweight UAVs for civil, military, and scientific applications. Its ESL Defence business, located in the UK, provides electronic warfare test and simulation products. Customers have included Boeing, Saab (for Sweden's Ministry of Defense), NASA, the Royal Netherlands Air Force, and Lockheed Martin.
AAI, founded in 1950 as an aerospace and defense technology company, has been part of Textron since 2007. – less