AAI Acquisition Announces Search for Strategic Partner

Englewood, CO

Steve Patrick, Vice President of Business Development, said the company has been successfully marketing its design and manufacturing services to customers in the aerospace and custom automotive industries since late last year and is now ready to expand through new investment.

"As we continue to develop this aspect of AAIA," Patrick said, "it is now appropriate to seek new investment partners. Based on our initial efforts, we are building a viable business base for our engineering solutions and services while retaining the option to re-launch the A700 business jet."

Until last fall, AAIA was primarily involved in developing and marketing the all-composite A700 business aircraft. In November, AAIA announced a strategic review of the business in response to changing global economic conditions.

AAIA

0 Comments

Add Comment

VLJ News Login Form