May. 29 at 2:26 PM
$PKE Park Aerospace reported fourth-quarter sales of
$24.2 million, with gross margin at 28.7% and adjusted EBITDA of
$5.2 million. Results came in within the company’s prior guidance range, and management said demand is accelerating in both commercial aircraft engines and missile systems.
Defense demand was a major focus, with management describing missile-system quoting activity as “hyper and frenetic” amid depleted stockpiles. Park said it is sole-source qualified on PAC-3 missile materials and is seeing strong opportunities tied to PAC-3 production increases and Israeli defense programs.
The company is planning a major capacity expansion, including a new U.S. plant that could cost more than the previously discussed
$50 million and may also add C2B fabric production. Park ended the quarter with
$89.4 million in cash and no long-term debt, while also raising
$22.8 million through its at-the-market stock offering.
https://www.marketbeat.com/instant-alerts/park-aerospace-q4-earnings-call-highlights-2026-05-28/
