| Business Summary | | Hi-Shear
Technology
Corporation
designs
and
manufactures
high
reliability
pyrotechnic,
mechanical
and
electronic
products
for
the
aerospace
industry,
and
has
adapted
its
technology
to
a
select
group
of
emerging
non-aerospace
products.
Its
aerospace
products
are
primarily
used
in
commercial
space
satellites
and
launch
vehicles,
exploration
missions,
strategic
missiles,
advanced
fighter
aircraft
and
military
systems.
In
addition,
Hi-Shear
has
developed
a
low-cost
environmentally
safe
air
bag
inflator
technology
for
use
in
automobile
air
bag
safety
systems
and
specialized
cutters
for
use
by
rescue
workers
in
emergency
situations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Hi-Shear
Technology
Corp.
designs
and
manufactures
high
reliability
electronic,
pyrotechnic
and
mechanical
products
and
devices
for
the
aerospace
industry,
and
has
adapted
its
technology
to
a
select
group
of
emerging
commercial
products.
For
the
nine
months
ended
2/28/01,
revenues
rose
3%
to
$8.2
million.
Net
income
rose
35%
to
$191
thousand.
Results
reflect
new
order
agreements
with
the
U.S.
Army
and
improved
operating
margins
due
to
increased
volume. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| George Trahan, 51 Co-Chairman,
Pres, CEO | $344K | Thomas Mooney, 63 Co-Chairman | 267K | Dollar
amounts are as of 31-May-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|