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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.

BAE Systems, Inc.

BAE Systems, Inc.

BAE Systems takes care of business in North America for parent BAE SYSTEMS plc -- the largest foreign player in the US defense market. Operations include the design, manufacture, and maintenance of military aircraft, submarines, surface ships, avionics, radar, electronics, and weapons systems. BAE Systems also provides IT services. Taken alone, BAE Systems employs some 43,000 people in the US (with another 10,000 overseas), has operations in 38 states and five other countries, and is a top five supplier to the US Department of Defense (DoD). The company has a special security agreement with the Pentagon that ensures control of sensitive technology.

Delta AirElite Business Jets, Inc.

Delta AirElite Business Jets, Inc.

Private jet travel is available to more people than ever before. That’s because Delta AirElite offers flexible options that give individuals and companies the power to choose precisely the kind of flying experience that’s right for them. Like our Fleet Membership program that lets you buy no-strings-attached, fully refundable flight time that never expires, starting with just 10 hours. Or our Fleet Charter program, which gives you pay-as-you-go simplicity and access to a diverse fleet of luxuriously appointed aircraft. And our Fleet Management program that takes all of the worry and hassle out of owning your own jet.No matter which program or combination of programs you choose, Delta AirElite has the experience, infrastructure, and resources to make your business jet experience simple and convenient. For over two decades, our customers have enjoyed benefits that were unavailable anywhere else. For example, we were the first private jet operator to offer the convenience of a membership card, and the first jet card provider to offer a dedicated fleet of aircraft. That innovation and customer commitment continues today, with programs like our 10-hour "Perfect 10™" card, which was the first of its kind. And thanks to our relationship with Delta Air Lines, we are able to extend the benefits of Medallion® membership to our Fleet Members whenever they fly with Delta.

Dassault Falcon Jet Corporation

Dassault Falcon Jet Corporation

Dassault Falcon Jet sells and supports the Falcon 50EX, 900DX, 900EX EASy, 7X, 2000, and 2000EX EASy business jets. A subsidiary of Dassault Aviation, the company offers engine maintenance, spare parts and tools distribution, parts exchange, special equipment testing, and operational assistance services, as well as pilot, maintenance, and cabin crew training. More than 1,650 Falcon jets have flown into the wild blue yonder since Dassault began production in 1963. The company builds its aircraft in France, then flies them to its facilities in the US for painting and installation of interiors and amenities.

Castle Aviation, Inc.

Castle Aviation, Inc.

Castle Aviation stays busy chartering turboprop aircraft for freight transportation. Serving the Northeastern Ohio region, the company utilizes a fleet of eight planes consisting of Aerostar and Cessna models. The company also provides aircraft loading, unloading, and fueling services at its hub, Ohio's Akron Canton Regional Airport. Company president Michael Grossman founded Castle Aviation in 1986 as Air Medical Transport, the company changed its name in 1986 as the company grew beyond medical transport services.

Lockheed Martin UK Holdings Limited

Lockheed Martin UK Holdings Limited

Lockheed Martin UK Holdings Limited, a subsidiary of Lockheed Martin Corporation [NYSE: LMT], has acquired HMT Vehicles Limited, a United Kingdom-based developer of designs for military vehicles. HMT Vehicles Limited (HMT) is a privately owned company that has funded the development for innovative designs that have been incorporated into light to medium high mobility wheeled military vehicles in the U.S. and U.K. HMT owns and licenses the intellectual property associated with these designs. Vehicles incorporating HMT’s designs are used as platforms for weapons programs such as the Lightweight Mobile Artillery Weapons System and the Soothsayer electronic warfare programs in the UK. Lockheed Martin plans on incorporating HMT’s designs into its vehicles for U.S. programs such as the Lightweight Prime Mover program and the U.S. Army’s Future Tactical Truck System (FTTS). Lockheed Martin UK Holdings Limited, located in London, will manage the HMT Vehicle business in coordination with Lockheed Martin Systems Integration, based in Owego, NY. “The HMT acquisition aligns with the Corporation’s cash deployment strategy of acquiring companies that enhance our core focus areas and position us for future growth,” said Bob Stevens, Lockheed Martin Chairman, President and Chief Executive Officer. “HMT’s highly innovative vehicle designs will enhance the functionality of Lockheed Martin’s vehicle products, which will benefit our customers and the critical missions they support worldwide.”

EADS North America Defense Test and Services, Inc.

EADS North America Defense Test and Services, Inc.

EADS North America Test and Services, a division of EADS North America, headquartered in Irvine, CA, is a complete test and measurement systems provider. Benefiting from more than 50 years experience in the test and measurement business, EADS North America Test and Services offers a full range of products and capabilities that include integrated test solutions, custom designs, complete turn-key hardware and software systems, commercial-off-the-shelf (COTS) instrumentation, test software, and engineering solutions that address test instrumentation obsolescence. From “build-to-print” to imaginative development of state-of-the-art products, we have the experienced instrument and system design engineers, test program set developers, avionics test domain experts and manufacturing capabilities needed for all test solutions. Our engineering teams work with the major test system bus architectures and standards: VXI, LXI, PXI, and digital, as well as rack-mount and bench-top instrumentation. We market three of the industry’s most respected brands: Racal Instruments™, Talon Instruments™ and Tabor Instruments (with responsibility for U.S. distribution). In addition to our reputation as a leading supplier of test and measurement instruments and switching systems, EADS North America Test and Services can leverage the company’s electronic, mechanical, software, and system engineering department capabilities to either reengineer an existing product to meet specific needs, or develop a customer concept into a complete, manufacturable, supportable product.

Avionic Services International Limited

Avionic Services International Limited

Avionic Services International Limited has taken off from Avionic Services, a behind-the-scenes player in air transportation at small and medium-sized airports that was placed in administration in the summer of 2005. Under a management buyout, the business and assets of the company operating as Avionic Services were sold to Avionic Services International Limited for ?100,000 (more than $170,000) in October 2005. The company is now helmed by sales and marketing director David Bartlett and COO Gareth Rowe. The former Avionic Services built and refurbished air traffic control towers, designed and built runways, and provided flight inspections.

Jet Aviation Management AG

Jet Aviation Management AG

Jet Aviation, a wholly owned subsidiary of General Dynamics (NYSE: GD), was founded in Switzerland in 1967 and is one of the leading business aviation services companies in the world. Close to 5,700 employees cater to client needs from over 25 airport facilities throughout Europe, the Middle East, Asia and North and South America. The company provides maintenance, completions and refurbishment, engineering, fixed base operations, along with aircraft management, charter services, aircraft sales and personnel services. Jet Aviation's European and U.S. aircraft management and charter divisions jointly operate a fleet of more than 200 aircraft.

Bombardier Flexjet

Bombardier Flexjet

Bombardier Flexjet (known as Flexjet) offers fractional jet ownership services, in which customers acquire partial ownership of aircraft operated by the company. With ownership comes a specified number of flying hours -- think of the arrangement as an airborne timeshare. (A one-sixteenth share of an airplane equates to 50 hours of flight time per year.) Through the Flexjet 25 program, customers can also buy flight time in 25-hour blocks without taking an ownership interest in a plane. Flexjet's fleet of more than 90 aircraft includes Learjet and Challenger business jets manufactured by the company's parent, Montreal-based Bombardier. Flexjet was established in 1995.

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