Nasco Aircraft Brake, Inc. (Nasco) has been accquired by Aircraft Braking Systems Corporation (ABSC), a division of K & F Industries (a New York Stock Exchange Company, symbol KFI), effective April 1, 2006. Nasco will continue to operate in its Gardena, California facility and Daniel L. Aron, President will continue to manage the business. The company will remain committed to its business plan of expanded development and certification of its brake products on selected aircraft. Nasco has built its reputation by supplying low cost, high quality, equivalent aircraft brake components and assemblies to both the commercial and military markets. ABSC is one of the "world's leading manufacturers" of wheels, brakes and brake control systems for commercial transport, general aviation and military aircraft. The unique and complementary capabilities of both companies, at facilities strategically located throughout the U.S., provide additional opportunities for continued growth and support of the aviation wheel and brake industry.
Nasco will honor all supply agreements currently in place.
The management of Nasco would like to thank you for your past business and we look forward to these new opportunities and to working together in the future.
Nasco Aircraft Brake, Inc.
Daniel L. Aron