Park Aerospace Corp. Chairman and CEO Comments on Certain Incorrect Reporting About the Robustness of the Ramp-Up of the Company’s Commercial Aircraft Jet Engine Business
Key Highlights
- ➤Park Aerospace (PKE) says jet-engine program ramp-up will be steeper than previously understood
- ➤CEO rejects reports that Park’s Commercial Aircraft Jet Engine Juggernaut is losing steam
- ➤Newton, Kansas facility faces demanding staffing and production ramp-up requirements
- ➤Planned Tulsa, Oklahoma plant is expected to provide future capacity relief
Expert Statements
Brian E. Shore, Chairman and CEO of Park Aerospace Corp.
“Based upon recent high-level discussions and engagements with our key customer, I can tell you that the ramp-up of our Commercial Aircraft Jet Engine Juggernaut is expected to be much steeper and more aggressive than we previously and recently understood.”
Brian E. Shore, Chairman and CEO of Park Aerospace Corp.
“I am here to tell you and to go on record for you that any reports questioning the robustness of our Commercial Aircraft Jet Engine Juggernaut or suggesting that our Jet Engine Juggernaut is losing steam are wrong and incorrect.”
Brian E. Shore, Chairman and CEO of Park Aerospace Corp.
“But our challenge will be to aggressively ramp up the staffing and production of our Newton, Kansas facility to meet the requirements of this very potent, vital and robust Juggernaut.”
WESTBURY, N.Y., Oct. 15, 2026 (GLOBE NEWSWIRE) -- Brian E. Shore, Chairman and CEO of Park Aerospace Corp., commented on certain recent incorrect reporting relating to the robustness of the ramp-up of the Company’s commercial aircraft jet engine business.
Brian Shore commented as follows: “As you know from our regular quarterly investor conference call presentations, Park’s advanced composite materials are sole source qualified for engine nacelles, thrust reversers and other engine components on several key commercial aircraft jet engine programs. We often refer to the ramp-up of those programs as Park’s Commercial Aircraft Jet Engine “Juggernaut”. Certain independent reports issued subsequent to our October 8, 2026 FY2027 second quarter earnings conference call and presentation questioned the robustness of the ramp-up of those programs…they questioned the robustness of our Commercial Aircraft Jet Engine Juggernaut.”
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