Last $0.08 USD
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As of 8:10 PM 04/16/14 All times are local (Market data is delayed by at least 15 minutes).

precision aerospace componen (PAOS) Snapshot

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52 Week High
06/17/13 - $0.30
52 Week Low
04/16/14 - $0.08
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precision aerospace componen (PAOS) Details

Precision Aerospace Components, Inc., through its subsidiaries, distributes nut and bolt products and a proprietary locking washer product that are used primarily for aerospace and military applications and industrial/commercial applications. The company offers specially engineered fasteners to original equipment manufacturers, maintenance and repair organizations, and other distributors in the aviation industry, as well as to the United States Department of Defense. It also provides proprietary and specialty fasteners primarily to heavy truck, automotive, appliance, and material handling industries; and Tiger-Tight locking washers for use in vibration applications. The company was founded in 1938 and is headquartered in Bensalem, Pennsylvania.

50 Employees
Last Reported Date: 03/29/13
Founded in 1938

precision aerospace componen (PAOS) Top Compensated Officers

Chief Executive Officer, President and Princi...
Total Annual Compensation: $310.9K
Compensation as of Fiscal Year 2012.

precision aerospace componen (PAOS) Key Developments

Precision Aerospace Components, Inc. announced delayed annual 10-K filing

On 03/31/2014, Precision Aerospace Components, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Precision Aerospace Components, Inc. Enters into the Seventh Amendment to its the Loan and Security Agreement

As of March 18, 2014, Precision Aerospace Components, Inc. entered into the seventh amendment to its the Loan and Security Agreement, dated as of May 25, 2012, among Precision Aerospace Components, Inc., Freundlich Supply Company, Inc., Tiger-Tight Corp., Aero-Missile Components, Inc., and Creative Assembly Systems, Inc., the lenders from time to time party to the Agreement, and Newstar Business Credit, LLC, as administrative agent.

Precision Aerospace Components, Inc. Reports Earnings Results for the Three Months Ended March 31, 2013

Precision Aerospace Components, Inc. reported earnings results for the three months ended March 31, 2013. For the period, the company's revenues increased approximately 242% or $5.1 million for the quarter to $7.2 million from $2.1 million in the comparable period last year. This is largely a result of the Fastener Distribution and Marketing Company, Inc. acquisition completed on May 25, 2012. Net income was $51,373 which was essentially flat compared to the fourth quarter of 2012.


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