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The themes Park Aerospace is part of, the highest-graded companies in its industry, and the companies in its sector whose grade rose recently.
Highest-graded in Aerospace and Defense
Graded A or B and worth $2B or more: A first, then the largest.
GEGeneral Electric Company$354BA+
RTXRTX Corporation$271.7BA
LMTLockheed Martin Corporation$140.9BA
GDGeneral Dynamics Corporation$99.2BA
HWMHowmet Aerospace Inc.$89.1BA+
Grade rose recently in Industrials
Rose to A or B on a filing in the last 90 days, worth $2B or more: largest first.
UPSUnited Parcel Service, Inc.Oct 27, 2026CBGraded C, now B
CSXCSX CorporationOct 21, 2026CAGraded C, now A
CPCanadian Pacific Kansas City Ltd.Oct 29, 2026BAGraded B, now A
URIUnited Rentals, Inc.Oct 21, 2026CAGraded C, now A
WCNWaste Connections, Inc.Oct 22, 2026BAGraded B, now A
How it makes money
- North America customer sales96%
- Europe customer sales3%
- Asia customer sales2%
Shares of revenue are estimates for year ended February 28, 2026, not figures from a filing.
Competes with
- HXLHexcel CorporationA
- Size
- $6.2B
- Margin
- 8.5%
- TRYIYToray Industries, Inc.
What it sells6
Aerospace prepregs
Rolls of reinforcing fiber, such as carbon, fiberglass, or quartz, combined with resin. Customers form and heat-cure the material into aircraft and other aerospace parts.
Film adhesives
Adhesive materials supplied as films for joining parts used in aerospace structures.
Lightning strike protection materials
Materials incorporated into composite aircraft structures to protect them from lightning strikes.
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Ablative materials
Heat-resistant materials used in rocket motor and nozzle components, including heat shields and insulation.
Radome materials
Materials for protective covers around antennas and signal equipment on aircraft and other aerospace vehicles.
Composite parts, assemblies, and tooling
Custom composite structures and assembled parts, plus low-volume tooling used to make aerospace parts.
Who buys it5
- GE Aerospace and its affiliated and non-affiliated subtier suppliers buy materials used in jet engines and aircraft components; Park reported these suppliers accounted for 39.3% of sales in fiscal 2026 (high confidence).
- Aerojet Rocketdyne buys materials for rocket and missile programs; sales to this customer accounted for 11.7% of Park's sales in fiscal 2026 (high confidence).
- Aircraft and engine manufacturers, including makers of commercial, military, business, and general aviation aircraft, specify materials for particular parts and production processes.
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- Tier 1 aerospace suppliers buy materials or parts for systems and structures they supply to aircraft and engine manufacturers.
- U.S. defense prime contractors and subcontractors buy rocket motor materials for military and space-launch uses.
What it stands on, and what could break it
What the business leans on
- 1Sales are concentrated among GE Aerospace-related subtier suppliers and Aerojet Rocketdyne.
- 2Park buys RAYCARB C2B NG from ArianeGroup and uses it in many of its key ablative materials; Park also distributes the product exclusively in North America.
- 3Some aerospace-qualified raw materials have no readily available substitutes, and customer certification requirements can limit Park's ability to switch suppliers.
- 4Manufacturing and research and development are currently centered at the Newton, Kansas facility.
What could go wrong
- 1Customer concentration: GE Aerospace-affiliated and non-affiliated subtier suppliers accounted for 39.3% of sales, and Aerojet Rocketdyne accounted for 11.7% (fiscal 2026, high confidence); losing a major customer could materially affect the business.
- 2Raw-material supply interruptions, price increases, or difficulty qualifying alternative suppliers could disrupt production. Park also relies on ArianeGroup for RAYCARB C2B NG used in many key ablative materials.
- 3Aerospace demand and customer production schedules can change, while many long-term customer arrangements do not guarantee order quantities. Qualifying materials for customer programs can also take substantial time and expense.
About Park Aerospace Corp.
Park makes prepreg: fibers such as carbon or fiberglass combined with resin, supplied in rolls that customers shape and heat-cure into parts. Its materials are used in aircraft structures, jet engines, protective covers for antennas, and rocket motor components. Park also designs and builds composite parts, assemblies, and low-volume tooling, and distributes a rocket-material product in North America.
- Head office
- Newton, Kansas
- Founded
- 1954
- Employees
- 125 (March 1, 2026, high)
- Listed on
- NYSE
- Financial year ends
- March 1
Built from Park Aerospace Corp.’s own filings with the U.S. Securities and Exchange Commission (SEC). Figures are as reported, with per-share history restated onto today’s share basis. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.
