Butler National Corporation·Industrials

New FAA STC expands Cessna 208 special mission aircraft offerings NEW CENTURY, Kan., March 30, 2026 /PRNewswire/ -- Avcon Industries, Inc., a subsidiary of Butler National Corporation (OTCQX: BUKS) and leading manufacturer and systems integrator specializing in special mission aircraft modifications, has received Federal Aviation Administration (FAA) Supplemental Type Certificate (STC) approval for a single sensor port on Cessna Model 208 aircraft.

Butler National Corporation (BUKS) Q3 2026 Earnings Call Transcript

Revenue increased 27% to $26.9 million Operating income increased 129% to $9.2 million Net income increased 98% to $6.7 million Earnings per share increased to $0.10 from $0.05 NEW CENTURY, Kan., March 12, 2026 /PRNewswire/ -- Butler National Corporation (OTCQX: BUKS), a leader in the growing global market for aircraft modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the third quarter ended January 31, 2026 ("Q3 FY2026").

EVE (NYSE: EVEX - Get Free Report) and Butler National (OTCMKTS:BUKS - Get Free Report) are both small-cap aerospace companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, valuation, earnings, profitability, risk, analyst recommendations and dividends. Institutional and Insider Ownership 1.3% of EVE shares

Butler National Corporation remains a buy, supported by a $3.56 2027 price target and a multi-year growth trajectory. BUKS's aerospace segment is the clear growth driver, with 20% revenue growth and margin expansion from 21% to 38%. Casino operations face headwinds, but provide stable cash flow to fund aerospace expansion and transformation into a high-margin niche integrator.
Butler National Corporation, together with its subsidiaries, engages in the designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems worldwide. The company operates in two segments, Aerospace Products and Professional Services. The Aerospace Products segment provides aircraft modifications, which include business-size aircraft from passenger to freighter configuration, radar systems, addition of aerial photography capabilities, intelligence surveillance reconnaissance modifications, and stability enhancing modifications for Learjet, Beechcraft, Cessna, and Dassault Falcon aircraft along with other specialized modifications. This segment also manufactures, sells, and services electronics upgrades for classic weapon control systems that are used on military aircraft and vehicles; and sells, installs, and repairs avionics equipment, including airplane radio equipment and flight control systems, as well as troubleshoots and repairs autopilot systems. The Professional Services segment engages in the management of Boot Hill Casino and Resort, a gaming facility, as well as related dining and entertainment facilities in Dodge City, Kansas. This segment also provides architectural services, such as commercial and industrial building design, and engineering services. The company also acquires, refurbishes, and sells airplanes, primarily Learjets. It serves the aviation industry, including owners and operators of single-engine, commercial, regional, business, and military aircraft. Butler National Corporation was incorporated in 1960 and is headquartered in Olathe, Kansas.
Industrials
Aerospace & Defense
343
1994-02-24
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