UNITED INDUSTRIAL CORPORATION
Previous company name
TOPP INDUSTRIES CORP
Name change date
United Industrial Corporation is a publicly quoted company engaged in aerospace product and parts manufacturing activities. The company operates through its wholly-owned subsidiary, AAI Corporation, and AAI Corporation’s direct and indirect wholly-owned subsidiaries, AAI Services Corporation, Aerosonde Pty Ltd, Aerosonde North America Incorporated, ESL Defense Limited, McTurbine Inc., and Symtx, Inc.
United Industrial Corporation was founded in 1910. The registered headquarters of the company is located in Hunt Valley, Maryland, USA. The company designs, produces, and supports aerospace and defense systems in the United States and other countries abroad. Its high technology products include unmanned aircraft systems (UAS), simulation and test systems, automated aircraft test and maintenance equipment, armament systems, and aviation ground support equipment.
United Industrial Corporation also provides logistics and engineering services, such as maintenance, repair, and overhaul services. The company’s customers include the U.S. Department of Defense and its prime contractors, allied foreign government ministries of defense, commercial customers, and other U.S. federal agencies.
United Industrial Corporation (United Industrial) designs, produces and supports aerospace and defense systems. The Company operates through its wholly owned subsidiary AAI Corporation, and AAI Corporation’s direct and indirect wholly owned subsidiaries (collectively AAI). Its high technology products and services include unmanned aircraft systems, training and simulation systems, automated aerospace test and maintenance equipment, armament systems, aviation ground support equipment, logistical and engineering services, and maintenance, repair and overhaul activities. In December 2007, Textron Inc. completed its acquisition of United Industrial pursuant to the merger of an indirect wholly owned subsidiary of Textron with United Industrial. United Industrial, as the surviving corporation, became an indirect wholly owned subsidiary of Textron.
Description and history
United Industrial Corporation (United Industrial) designs, produces and supports aerospace and defense systems. The Company operates through its wholly owned subsidiary AAI Corporation, and AAI Corporation’s direct and indirect wholly owned subsidiaries: AAI Services Corporation, Aerosonde Pty Ltd, Aerosonde North America Incorporated (together with Aerosonde Pty Ltd., referred to as Aerosonde), ESL Defence Limited (ESL), McTurbine Inc. (McTurbine) and Symtx, Inc. (Symtx) (collectively, with AAI Corporation, AAI). Its high technology products and services include unmanned aircraft systems, training and simulation systems, automated aerospace test and maintenance equipment, armament systems, aviation ground support equipment, logistical and engineering services, and maintenance, repair and overhaul activities. The Company’s customers include the United States Department of Defense (DoD) and its prime contractors, allied foreign government ministries of defense, commercial customers and certain other United States federal agencies. During the year ended December 31, 2006, direct and indirect sales to the DoD provided 92.8% of the Company’s total sales. In November 2007, Textron Inc.’s wholly owned subsidiary acquired approximately 85% interest in United Industrial. In December 2007, Textron Inc. completed its acquisition of United Industrial pursuant to the merger of an indirect wholly owned subsidiary of Textron with United Industrial. United Industrial, as the surviving corporation, became an indirect wholly owned subsidiary of Textron.
On December 29, 2006, United Industrial completed the sale of its wholly owned energy subsidiary, Detroit Stoker Company. On November 28, 2006, AAI acquired Symtx, Inc., which designs and manufactures high-performance functional test solutions for mission-critical electronic systems and satellites. On November 14, 2006, the Company acquired McTurbine Inc., which performs maintenance, repairs and overhauls of military helicopter engines. On June 19, 2006, the Company acquired Aerosonde Pty Ltd. and Aerosonde North America, Incorporated. Aerosonde Pty Ltd. is a manufacturer and developer of unmanned aircraft vehicles. Aerosonde North America operates Aerosonde unmanned aircraft vehicles in support of research and development, and weather forecasting requirements of United States-based customers, including the United States Air Force, the National Oceanic and Atmospheric Administration, and National Aeronautics and Space Administration (NASA).
AAI develops, manufactures and supports unmanned aircraft systems (UAS); training simulators for aircraft maintenance and combat systems; EW test and training systems; advanced boresight equipment (ABE); automated test systems for avionics and satellites, and other high technologies. In addition, AAI provides sophisticated engineering, logistical and maintenance services to the DoD and other customers, complementing AAI’s key product platforms, as well as those of other original equipment manufacturers. The United States Government, principally the DoD, is AAI’s main customer. In 2006, approximately 92.8% of AAI’s total net sales consisted of defense contracts with the United States Government. International defense contracts, including foreign military sales through the United States Government, accounted for 4.2% of AAI’s total net sales in 2006. These contracts generally related to UAS and test and training systems for foreign governments. No single customer, other than the United States Government, accounted for 10% or more of total net sales during 2006. AAI’s operations are primarily focused on five product lines: Unmanned Systems, Services and Logistics, Test Systems, Training Systems and Advanced Programs.
AAI’s Unmanned Systems product line include Pioneer unmanned aerial vehicle (Pioneer UAV) and Shadow 200 tactical unmanned aircraft system (Shadow 200 TUAS). In support of UAS, AAI has developed an interoperable network of common ground control systems, such as the One System Ground Control Station, the One System Portable Ground Control Station and the One System Remote Video Terminal. AAI provides the ground control equipment and associated technologies for the United States Army’s Extended Range Multi Purpose or Sky Warrior program.
United Industrial competes in the UAS market with AeroVironment, Inc., The Boeing Company, EADS, Elbit, General Atomics Aeronautical Systems, Israel Aircraft Industries, L-3 Communications Holdings, Inc., Northrop Grumman Corporation, Inc. and Sagem SA.
Services and Logistics
AAI provides a variety of engineering, logistical, and maintenance and repair services that complement AAI’s key product platforms and those of other original equipment manufacturers. AAI provides these support activities to the United States Army, Air Force, Navy and Marine Corps for a variety of operational systems, including AAI’s training systems, such as the C-17 aircraft Maintenance Training Device program, T-45 Ground Based Training System, Simulator for Electronic Combat Training and the Compass Call Mission Crew Simulator. Further, AAI provides support for joint service biological detection systems at more than 38 facilities throughout the United States, Middle East, Europe and Asia. AAI also provides depot maintenance equipment and services to domestic and foreign military aviation customers, including the United States Navy at the Jacksonville Naval Depot, and the United States Air Force at Hill Air Force Base in Utah and Tinker Air Force Base in Oklahoma.
The Company competes in the Services and Logistics market with The Boeing Company, Camber Corporation, Cubic Corporation, DynCorp, L-3 Communications Holdings, Inc., Raytheon, Rockwell Collins, Inc. and Science Application International Corporation.
AAI develops, manufactures and supports EW test systems, including the Joint Services Electronic Combat Systems Tester (JSECST), which is employed by all United States military branches to ensure that airborne EW systems function correctly; ABE systems, which align avionics and weapon systems onboard military aircraft and helicopters, and radar simulators, which simulate threat signals to verify the operational status of radar warning receivers and associated cockpit displays and controls. It also offers development services to support the application of these products for specific aircraft or applications. AAI also produces and sells the Model 527 Radar Simulator, a portable radio frequency signal generator that simulates threat signals to verify the operational status of radar warning receivers and associated cockpit displays and controls.
United Industrial competes in the Test Systems market with Aeroflex, Inc., Alliant Techsystems, BAE Systems, DRS Technologies, Inc. and EDO Corporation.
AAI provides training solutions for United States and international military customers. AAI designs, develops, produces and supports customized training environments, systems and sub-systems that enable soldiers, sailors, airmen and marines to learn the skills necessary to perform their missions. These solutions include naval on-board training sub-systems for effectiveness in combat operations and to assess combat readiness; EW system trainers that provide simulated environments to train aircrew mission specialists to conduct operations; air defense training systems that teach soldiers to conduct and coordinate ground-to-air combat engagements; radar simulator/stimulator sub-systems used to maintain performance in tracking and identifying enemy air combat operations, including theater ballistic missiles, and UAS trainers used to sustain operational excellence.
The Company competes in the Training Systems market with The Boeing Company, CAE Inc., L-3 Communications Corporation Holdings, Inc., Lockheed Martin Corporation, Northrop Grumman Corporation and Rockwell Collins, Inc.
AAI’s Advanced Programs primarily investigates and responds to new and emerging customer needs and markets. Advanced Programs is developing a Lightweight Small Arms Technologies for the next generation family of lightweight weapons for the United States Army utilizing advanced technology ammunition. AAI has also developed a gunfire detection and counter-sniper system, PDCue, for the United States Army and Marine Corps. It also develops and manufactures hydraulic test equipment for United States and foreign governments, and for commercial customers. As a partner with the Mississippi Band of Choctaw Indians, AAI develops, manufactures and supports Aviation Ground Support Equipment for the United States Armed Forces.
Engaged in aerospace product and parts manufacturing activities
US SIC Code
124, Industry Lane
City province or state postal code
21030, HUNT VALLEY, MD
Phone: +1 410 628 3500
Fax: +1 410 683 6498
Country address: UNITED STATES OF AMERICA
Website url: www.unitedindustrial.com