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Park Aerospace Corp - PKE STOCK NEWS

Welcome to our dedicated page for Park Aerospace news (Ticker: PKE), a resource for investors and traders seeking the latest updates and insights on Park Aerospace stock.

Company Overview

Park Aerospace Corp (PKE) is a publicly traded company that specializes in the design, development, and manufacturing of engineered composite materials and assemblies for the aerospace market. Leveraging advanced composite technologies and state-of-the-art manufacturing practices, the company delivers high-performance composite structures, tooling for prototypes, and low-volume production solutions that serve critical aerospace applications. With deep expertise in polymer chemistry formulation and coating technology, Park Aerospace has carved a niche in producing materials that combine strength, efficiency, and durability for aircraft structures and interiors.

Core Competencies and Operational Expertise

The company’s operational framework is built on a strong foundation of engineering excellence and material science know-how. Its core competencies include:

  • Advanced Composite Development: Utilizing innovative polymer formulations to produce high-performance prepregs and composite materials that meet stringent aerospace standards.
  • Precision Manufacturing: Through its advanced manufacturing facilities, the company produces composite structures and assemblies tailored for the aerospace industry, emphasizing accuracy and quality in every process.
  • Tooling and Prototype Engineering: The firm offers specialized low-volume tooling solutions and prototype tooling designed to support the unique demands of aerospace design and production cycles.
  • Research and Development: With dedicated R&D centers, the company continually refines its processes and materials, ensuring progressive improvements in composite technology and maintaining competitive technical expertise.

Global Footprint and Market Presence

Park Aerospace operates an extensive network of manufacturing and R&D facilities strategically located in key markets. In North America, the company commands a significant presence, which is complemented by facilities across Asia and Europe. This geographic diversity enables the company to serve a wide array of aerospace customers with tailored solutions while optimizing production and distribution processes.

Manufacturing Excellence and R&D Capabilities

At the heart of Park Aerospace Corp is a commitment to manufacturing excellence. The company has invested in state-of-the-art facilities equipped to handle complex composite manufacturing processes. These facilities are augmented by multiple research and development centers that focus on enhancing composite material formulations, improving structural designs, and integrating innovative coating technologies. This dual approach of proven production methods combined with continuous innovation underlines the company’s technical expertise and dedication to quality.

Competitive Landscape and Industry Positioning

Within the aerospace market, Park Aerospace is recognized for its specialized focus on composite materials. The company’s products are critical components in aerospace applications, from interior assemblies to structural elements within aircraft. While competition in the aerospace composite sector is robust, Park Aerospace distinguishes itself with its integrated approach to design, material science, and production. This integrated model not only enhances product reliability but also offers a consistent quality benchmark amid a competitive landscape characterized by rapid technological advancements and evolving production needs.

Business Model and Value Proposition

The business model of Park Aerospace Corp is built on delivering engineered solutions that meet the rigorous demands of aerospace applications. The company generates revenue through the direct sale of composite materials, assemblies, and bespoke tooling solutions. Its customer base predominantly consists of aerospace manufacturers and engineering firms that require advanced composite products capable of withstanding high-performance demands. The company’s value proposition is anchored in its ability to combine innovative material science with precision engineering to yield products that offer exceptional durability, performance, and compliance with aerospace industry standards.

Technical Innovation and Quality Assurance

Innovation is a central theme at Park Aerospace Corp. The company’s research teams are continuously engaged in developing next-generation composite materials, exploring advanced synthesis routes in polymer chemistry, and optimizing coating processes. These innovations are backed by rigorous quality assurance protocols that ensure each product meets exacting aerospace standards. Through this meticulous approach, the company builds trust with its partners and stakeholders by delivering reliable, high-quality solutions that contribute to enhanced aircraft performance and safety.

Conclusion

Overall, Park Aerospace Corp stands as a technically proficient and internationally recognized manufacturer in the aerospace composites sector. Its comprehensive portfolio, ranging from advanced composite prepregs to engineered tooling solutions, reflects a deep commitment to quality, innovation, and customer-specific problem solving. By maintaining a robust global presence and continuously advancing its technical capabilities, the company reinforces its role as an essential player in the aerospace industry, dedicated solely to feeding the evolving needs of modern aviation and aerospace manufacturing.

Rhea-AI Summary
Park Aerospace Corp. (NYSE-PKE) commemorates 70 years since its founding by Jerry Shore and Tony Chiesa. Despite humble beginnings, the company has shown resilience and growth over the years, emphasizing self-sufficiency during challenging times. The founders' decision to start Park with their savings from War Duty pay in 1954 has led to a successful journey. Brian Shore, the current Chairman and CEO, acknowledges the founders' dedication and the company's evolution, highlighting the initial sales and profit figures.
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Park Aerospace Corp. (PKE) declares a regular quarterly dividend of $0.125 per share, continuing its streak of 39 years of uninterrupted dividends. The company has paid $591 million in cash dividends since 2005, focusing on advanced composite materials for aerospace markets.
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Park Aerospace Corp. (NYSE – PKE) announced that Brian E. Shore, the Company’s Chairman and Chief Executive Officer, will speak at the 26th Annual Needham Growth Conference. Park Aerospace Corp. develops and manufactures advanced composite materials for the global aerospace markets, including film adhesives, lightning strike protection materials, and specialty ablative materials. The company also offers composite parts, structures, and assemblies for the aerospace industry.
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Park Aerospace Corp. (PKE) reported net sales of $11,639,000 for the 2024 fiscal year third quarter ended November 26, 2023 compared to $13,867,000 for the 2023 fiscal year third quarter ended November 27, 2022. Net earnings for the 2024 fiscal year third quarter were $1,203,000 compared to $2,230,000 for the 2023 fiscal year third quarter. The company's Adjusted EBITDA for the 2024 fiscal year third quarter was $1,808,000 compared to $3,321,000 for the 2023 fiscal year third quarter. Park Aerospace Corp. develops and manufactures advanced composite materials for the global aerospace markets.
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Park Aerospace Corp. (NYSE - PKE) plans to release its financial results for its 2024 fiscal year third quarter and conduct a conference call to discuss such results. The company develops and manufactures advanced composite materials used in the global aerospace markets.
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Park Aerospace Corp. (NYSE – PKE) declares a regular quarterly dividend of $0.125 per share, continuing its streak of 38 years of uninterrupted dividend payments. The company has paid approximately $588 million in cash dividends since 2005. Park develops and manufactures advanced composite materials for the global aerospace markets, including film adhesives, lightning strike protection materials, and specialty ablative materials. They also offer composite parts, structures, and assemblies for the aerospace industry.
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Park Aerospace Corp. (NYSE-PKE) reported net sales of $12,481,000 for the 2024 fiscal year second quarter, a decrease compared to the previous year. Net earnings for the quarter were $1,746,000. Adjusted EBITDA for the quarter was $2,669,000. The company will conduct a conference call to discuss its financial results.
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Park Aerospace Corp. plans to release its financial results for Q2 2024, ending August 27, 2023, on October 5, 2023. A conference call to discuss the results will be held on the same day. The company develops and manufactures composite materials for aerospace markets.
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Park Aerospace Corp. declares regular quarterly dividend of $0.125 per share, continuing 38 years of uninterrupted dividend payments. Company has paid approximately $586 million in cash dividends since 2005.
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FAQ

What is the current stock price of Park Aerospace (PKE)?

The current stock price of Park Aerospace (PKE) is $13.34 as of April 2, 2025.

What is the market cap of Park Aerospace (PKE)?

The market cap of Park Aerospace (PKE) is approximately 269.0M.

What is the primary business focus of Park Aerospace Corp?

Park Aerospace Corp specializes in designing, developing, and manufacturing engineered composite materials and assemblies, with a strong emphasis on aerospace applications.

What are the core competencies of the company?

The company excels in advanced composite development, precision manufacturing, specialized tooling solutions, and continuous research and development to innovate composite material technology.

How does Park Aerospace ensure product quality?

Quality is maintained through state-of-the-art manufacturing facilities, rigorous quality assurance protocols, and dedicated R&D centers that focus on refining composite material formulations and structural designs.

Which markets does Park Aerospace serve?

While the majority of the revenue is derived from North America, the company also has a presence in Asia and Europe, delivering tailored aerospace composite solutions to a global customer base.

What sets Park Aerospace apart from its competitors?

The company differentiates itself through an integrated approach combining advanced material science, innovative manufacturing practices, and precise engineering that together yield high-performance composite products.

Does Park Aerospace offer solutions beyond composite materials?

In addition to advanced composite materials, the company provides bespoke tooling solutions and prototype tooling that support the unique production requirements of aerospace manufacturers.

How does the company incorporate technological innovations into its operations?

Investments in research and development enable Park Aerospace to continually enhance fabrication techniques, optimize material formulations, and integrate advanced coating technologies, reflecting its commitment to innovation.

What drives the global strategy of Park Aerospace?

A strategically located network of manufacturing and R&D facilities supports the company in optimizing production processes and effectively serving major aerospace markets across North America, Asia, and Europe.
Park Aerospace Corp

NYSE:PKE

PKE Rankings

PKE Stock Data

268.99M
18.03M
9.49%
79.41%
1.12%
Aerospace & Defense
Aircraft Parts & Auxiliary Equipment, Nec
Link
United States
MELVILLE