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Aerospace/Defense - Major Diversified
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Pinnacle Airlines Corp.

Pinnacle Airlines Corp.

Pinnacle Airlines Corp. is an airline holding company based in Memphis, Tennessee. Pinnacle Airlines Corp. has two operating subsidiaries; Pinnacle Airlines, Inc. and Colgan Air, Inc.Pinnacle Airlines, Inc. operates as Northwest Airlink; a partnership that has roots in 1985 with Pinnacle, then called Express Airlines I, began operating as Republic Express between Memphis and three small communities in Mississippi. Today, Pinnacle Airlines, Inc. proudly flies over 700 daily Northwest Airlink flights to over 100 cities in the United States and Canada on our modern fleet of 139 Canadair Regional Jets. Pinnacle Airlines, Inc. is headquartered in Memphis, and employs over 3,700 People. For more information on Pinnacle Airlines, Inc., please visit its web site at www.flypinnacle.com.On April 30. 2007, Pinnacle Airlines Corp announced that it has entered into a new capacity purchase agreement with Delta Air Lines to operate 16 CRJ-900 aircraft as a Delta Connection carrier. Pinnacle currently expects that the aircraft will be operated by its wholly owned regional jet subsidiary, Pinnacle Airlines, Inc.Pinnacle Airlines Corp. purchased Colgan Air, Inc. on January 4, 2007. Colgan Air, Inc. was founded in 1991 and is headquarted in historic Manassas, Virginia. Colgan Air, Inc. operates 39 Saab 340 and 11 Beech 1900 regional airliners and operates over 350 daily flights. The carrier is affiliated with three major airlines and operates as Continental Connection, United Express and US Airways Express. Colgan employs over 1,100 People. For further information on Colgan Airlines Inc., please visit www.colganair.com.Each day, Pinnacle Airlines Corp. operating units fly over 1,000 daily flights, transporting in excess of 27,000 Customers to 134 cities and towns in North America. Our strength lies in the professionalism and hard work of our 4,900 People and in our Guiding Principles.

DRS Technologies, Inc.

DRS Technologies, Inc.

DRS Technologies, headquartered in Parsippany, New Jersey, U.S.A., is a leading supplier of integrated products, services and support to military forces, intelligence agencies and prime contractors worldwide. Focused on defense technology, the Company develops, manufactures and supports a broad range of systems for mission critical and military sustainment requirements, as well as homeland security. The Company has been recognized as one of the fastest growing defense technology companies in the world and holds leading market positions in thermal imaging devices, combat display workstations, electronic sensor systems, power systems, rugged computer systems, air combat training systems, mission recorders, deployable flight incident recorders, environmental control systems, telecommunication systems, aircraft loaders, military trailers and shelters, and integrated logistics and support services. DRS’s broad range of mission critical systems and sustainment solutions uniquely position the Company to support the ongoing superiority of the military’s Current Force, as well as the modernization and emerging transformation initiatives of the Future Force. DRS responds to the needs of U.S. and allied military forces, as they engage in day-to-day expeditionary activities, by providing high-tech products and systems that improve the capabilities of many key platforms. The Company also provides a range of military support systems and services. DRS’s products are deployed on a wide range of high-profile military platforms and on several platforms for non-military applications. Our sustainment products, such as environmental control systems, power generators, water and fuel distribution systems, chemical/biological decontamination systems and heavy equipment transport systems, are used to support military forces, humanitarian efforts and peacekeeping. We also provide security and asset protection systems and services, telecommunication and information technology services, training and logistics support services for all branches of the U.S. armed forces and certain international militaries, homeland security forces, and select government and intelligence agencies. DRS strives to provide quality products and services and stand behind them, to invest in research and development and new market opportunities, and to leverage existing core defense programs and business areas.

Quantum Research International, Inc.

Quantum Research International, Inc.

Quantum Research International provides technical consulting and support, as well as strategic planning assistance, to Defense Department and other federal agencies, as well as some commercial clients. It has particular expertise in the areas of force modernization, C4ISR (Command, Control, Communications, Computers, Intelligence, Surveillance & Reconnaissance), simulation, logistics, missile defense, and survivability analysis. The company has offices in Alabama, Maryland, Texas, and Virginia, each located near a military base or other defense facility.

MTI Global Inc.

MTI Global Inc.

MTI Global Inc. (MTI) designs, develops and manufactures custom-engineered products using silicone and other cellular materials. The Company serves a variety of specialty markets, focused on three main product categories: Silicone, Aerospace and Fabricated Products.MTI’s manufacturing divisions develop and produce silicone materials and parts. The Company designs and fabricates aircraft energy management systems from a variety of flexible, cellular materials. MTI also produces and distributes specialty silicone elastomer products.MTI’s primary markets are aerospace and mass transit. Other markets include: automotive, sporting goods, industrial, institutional, medical and electronics. The Company operates under three divisions: MTI PolyFab, in Canada, including both Aerospace and Fabricated Products; North American Silicone, in the United States, including both MTI Specialty Silicones in Milton Florida.MTI’s head office and Canadian manufacturing operations are located in Mississauga, Ontario, with international manufacturing operations located in France and Milton Florida. The Company also has an engineering support centre in Brazil. The Company’s common shares trade on the Toronto Stock Exchange, under the trading symbol “MTI”.

Sabreliner Corporation

Sabreliner Corporation

Sabreliner Corporation provides maintenance services and parts for Sabreliner business jets (manufactured by Rockwell International until 1981) and other corporate and military aircraft. The company operates from facilities in Perryville, Missouri, and Independence, Kansas. The Perryville plant is the home of Sabreliner maintenance and modifications, while the Independence plant specializes in aircraft engine accessory overhaul and repair. In March 2006 Sabreliner sold its Midcoast Aviation unit, a provider of aircraft maintenance and fixed-base operator (FBO) services, to Switzerland-based Jet Aviation.

Comair, Inc.

Comair, Inc.

Comair – a Delta Connection Carrier and wholly owned subsidiary of Delta Air Lines – is based in Cincinnati, Ohio, and operates 400 flights a day to approximately 70 cities throughout the United States and Canada. Comair was formed in 1977 and pioneered the regional jet era by introducing Bombardier CRJ regional jets to North America in 1993. With more than 30 years of service, Comair dedication and commitment to Comair customers and the communities Comair serve remains stronger than ever, thanks to Comair team of 2,700 dedicated aviation professionals.Comair efforts have been recognized by the Federal Aviation Administration (FAA) for more than a decade, as Comair has received the prestigious FAA Diamond award for Comair commitment to excellence in aircraft maintenance and training for 15 years in a row. Comair apply that same commitment to our business partners through our Maintenance offerings. Whether you are a customer on one of our flights, a prospective employee or business partner or a member of the media, we value our relationship with you and look forward to welcoming you on your next Comair flight.

Moller International Inc.

Moller International Inc.

Moller International was founded in 1983 as a spin-off of Moller Corporation to continue to design, develop, manufacture and market personal vertical takeoff and landing aircraft (VTOL). The company has developed and integrated the disparate technologies required for small, powered-lift VTOL aircraft. These include electronic stabilization and control systems, efficient ducted fan designs, thrust vectoring mechanisms and aerodynamically stable composite airframe structures. The single most significant spin-off technology is the Rotapower engine, a Wankel rotary engine. This engine is now produced and marketed by Freedom Motors.Our purpose is to develop and put into use personal transport vehicles that are as safe, efficient, affordable, and easy-to-use as automobiles. These would not be constrained by existing transportation networks, and will provide quick and convenient transport to any destination better than any alternative.This vehicle should have a low environmental impact in terms of noise, emissions, and fuel consumption. Total costs of ownership over the life of the vehicle, including purchase price, operating costs and infrastructure costs should be reasonably low. This would be competing with such alternatives as personal or mass transport vehicles, general aviation, commercial air travel, and rail or motor vehicles.

Luminescent Systems Incorporated

Luminescent Systems Incorporated

Astronics Corporation is an innovative developer and manufacturer of high performance power management systems and lighting systems for the global aerospace industry and a leading designer and manufacturer of automated test, training and simulation systems for the global defense industry. Astronics' strategy is to develop and maintain positions of technical leadership in its chosen aerospace and defense markets, to leverage those positions to grow the amount of content and volume of product it sells to these markets and to selectively acquire businesses with similar technical capabilities that could benefit from our leadership position and strategic direction. Astronics Corporation, and its wholly-owned subsidiaries, Astronics Advanced Electronic Systems Corp., Luminescent Systems Inc., and DME Corporation have developed reputations for high quality designs, exceptional responsiveness, strong brand recognition and best-in-class manufacturing processes.

Aviall Services, Inc.

Aviall Services, Inc.

Aviall is a leading solutions provider of aftermarket supply-chain management services for the aerospace, defense and marine industries. Aviall, Inc. is a wholly-owned subsidiary of The Boeing Company, and is comprised of two operating units, Aviall Services ("Aviall") and Inventory Locator Service ("ILS"). Aviall is headquarted in Dallas, Texas. As one of the world's largest providers of new aviation parts and related aftermarket operations, Aviall markets and distributes products for more than 225 manufacturers and offers approximately 1,000,000 catalog items from 39 customer service centers located in North America, Europe, and Asia-Pacific. Aviall provides maintenance for aviation batteries and wheels and brakes, as well as hose assembly, kitting and paint-mixing services. The company also offers a complete set of supply chain and logistics services, including order processing, stocking and fulfillment, automated inventory management and reverse logistics to OEMs and customers. ILS, headquartered in Memphis, Tennessee, provides information and facilitates global eCommerce via its electronic marketplace that enables subscribers to buy and sell commercial parts, equipment and services, as well as providing eBusiness Services to the aviation, marine and defense industries.

Qantas Airways Limited

Qantas Airways Limited

Qantas Airways, Australia's #1 airline, flies to about 60 destinations at home and another 85-plus (including some served by code-sharing partners) in about 35 countries. (Code-sharing enables carriers to sell tickets on one another's flights and thus extend their networks.) Its airline operations include regional carrier QantasLink, as well as low-fare carrier Jetstar, both of which operate in Australia and elsewhere in the Asia/Pacific region. Overall, the Qantas fleet includes about 230 aircraft. Qantas is part of the Oneworld global airline alliance, which is led by British Airways (BA) and American Airlines. In late 2008 Qantas and BA began merger talks, but an agreement could not be reached.

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