Butler National Corporation (BUKS) is a diversified company operating in the aerospace and defense sectors, as well as in the gaming and hospitality industry. Incorporated in 1960 and headquartered in New Century, Kansas, the company is committed to delivering innovative solutions and services across its varied business segments.
Key Strategic Focus
Butler National Corporation operates through two primary segments:
- Aerospace Products: This segment specializes in aircraft modifications for business-size aircraft, including passenger-to-freighter conversions, radar system installations, and enhancements for aerial photography, search and rescue, environmental research, mapping, and intelligence surveillance reconnaissance. The company also manufactures and services electronics for weapon control systems used on government aircraft and vehicles, and provides avionics equipment installation and repair services.
- Professional Services: This segment manages the Boot Hill Casino and Resort in Dodge City, Kansas, offering gaming, dining, and entertainment facilities. Additionally, the company provides management consulting and administrative services to Indian tribes interested in owning and operating casinos.
Financials and Funding
As of March 5, 2025, Butler National Corporation's stock (OTCMKTS: BUKS) was trading at $1.53 per share. The company operates on a fiscal year from May to April and reports its financials in USD. Specific details regarding total funds raised, recent funding rounds, and notable investors are not publicly disclosed.
Pipeline Development
In the Aerospace Products segment, Butler National Corporation is actively engaged in developing and implementing advanced aircraft modifications and avionics solutions. The Professional Services segment continues to enhance the offerings at Boot Hill Casino and Resort, aiming to attract a broader customer base and increase market share.
Technological Platform and Innovation
Butler National Corporation distinguishes itself through its proprietary technologies and innovative methodologies:
- Proprietary Technologies: The company develops and integrates specialized avionics systems and weapon control electronics tailored for government aircraft and vehicles.
- Scientific Methods: Utilizing advanced engineering and manufacturing processes, the company ensures high-quality modifications and installations for various aircraft platforms.
Leadership Team
- Christopher J. Reedy, J.D.: Chief Executive Officer, President, and Director.
- Jeffrey D. Yowell: Executive Chairman.
- Joe Aric Peters: Vice President of Sales and Marketing.
Leadership Changes
As of the latest available information, there have been no recent significant changes or appointments within the company's leadership team.
Competitor Profile
- Market Insights and Dynamics: The aerospace and defense industry is characterized by rapid technological advancements and stringent regulatory requirements. The gaming and hospitality sector is highly competitive, with companies striving to offer unique experiences to attract and retain customers.
- Competitor Analysis: In the aerospace sector, Butler National Corporation competes with companies offering aircraft modification and avionics services. In the gaming industry, competitors include other casino and resort operators in the region.
Strategic Collaborations and Partnerships
Butler National Corporation collaborates with various stakeholders, including government agencies for its aerospace products and local communities for its gaming and hospitality services. These partnerships enhance the company's market position and innovation capacity.
Operational Insights
The company's dual focus on aerospace and gaming allows it to diversify revenue streams and mitigate risks associated with reliance on a single industry. Its commitment to technological innovation and customer service provides a competitive edge in both sectors.
Strategic Opportunities and Future Directions
Butler National Corporation aims to expand its aerospace product offerings by developing new modifications and avionics solutions. In the gaming sector, the company plans to enhance the customer experience at Boot Hill Casino and Resort through facility upgrades and new entertainment options.
Contact Information
Please note that specific contact details such as phone numbers and email addresses are not provided in this profile.
