Probably one of the most important parts of the 10

Quote:

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In order to sell component parts to the OEMs of commercial aircraft in the United States, our products must be approved by an OEM or government agency, such as NAVAIR. These production approval holders provide quality control and performance criteria and oversight and, in effect, generally limit the number of suppliers directly servicing the commercial aerospace new parts market. In order to directly sell component parts to the aftermarket, we must conform to a separate set of FAA regulations providing for an independent parts manufacturing authority, or PMA, process, which enables suppliers who conform to FAA PMA requirements to sell products to the aftermarket, irrespective of whether the supplier is an approved supplier to the OEM for original equipment or products. Currently, we are approved by NAVAIR and are an approved supplier to Boeing Commercial Aircraft Company. We are working toward Boeing Supplier Qualification Approval, which would greatly enhance the opportunity to quote on products from Boeing.

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