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  September 5, 2001
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Home > Company Index > Aerospace & Defense > Aerospace/Defense - Products > Advanced Aerodynamics & Structures, Inc.

Advanced Aerodynamics & Structures, Inc.
Nasdaq (SC): AASI
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 PROFILE
The hopes and dreams of Advanced Aerodynamics & Structures are about to take off. The development-stage company is close to the production phase for its Jetcruzer 500, a pressurized version of its Jetcruzer 450. The Jetcruzer is a single-engine propjet designed to seat six people. Powered by a Pratt & Whitney engine, it features a canard wing (a smaller wing installed in front of the plane's main wing). Advanced Aerodynamics & Structures' primary target market is business travelers in the US and abroad. Other small aircraft on the drawing board include a twin-engine jet (Stratocruzer 1250). Chairman and CEO Carl Chen controls about 30% of the company, the Yeh family (the children of the former chairman) another 35%.

 COMPETITION
Raytheon Company (RTN)
Textron Inc. (TXT)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 0.10
1-Yr. Sales Growth: (64.3)%
Employees: 120
Revenue per employee: $833.33

 KEY PEOPLE
• Carl L. Chen
    CEO
• David M. Turner
    CFO

 CONTACT INFO
3205 Lakewood Blvd.
Long Beach Airport, CA 90808
US
Phone: 562-938-8618
Fax: 562-938-8620
Online: Web Site

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