BNET Industries
Market Cap:$19.5M
Last Fiscal Year Sales:$18.0M
- Public
- US
Dow Jones Description
Butler National Corporation operates in the Aerospace and Services business segments. The Services segment includes electronic monitoring of water pumping stations, temporary employee services and management services for Indian gaming enterprises. Aerospace includes custom aircraft PMA solutions, aircraft and aircraft parts certificatino services, the manufacture of switching equipment for Boeing aircraft, fuel tank protection devices for aircraft, and structural modifications to business and commercial aircraft. Butler National Corporation was established in 1968 through the merger of an aviation research firm owned by the Butler family and National Connector Corporation. Butler National combined resources of these two companies to develop one of the first commercial Area Navigation System (RNAV) used for airplane navigation. During the next ten years Butler National successfully developed the commercial RNAV system. During this same period, Butler National designed, manufactured and marketed two additional aviation related systems. One of these systems was a ground-based Distance Measuring Equipment (DME). The other was an avionics switching unit used in the McDonnell Douglas line of commercial aircraft. The DME is an electric pulsed system that, when interrogated by an airborne DME, provides distance information. This ground-based equipment is interrogated by airborne devices approximately every fifteen milliseconds and must be capable of handling up to one hundred...
President and Chief Executive Officer
Clark D StewartNumber of Employees 74
Peer Companies
NAICS Code Other Aircraft Parts and Auxiliary Equipment Manufacturing: 336413
Recent Events
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Butler National doubles first-quarter earnings
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Butler National hires Missouri casino veteran to manage Boot Hill
News & Analysis
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butler national corp. - All News and Analysis
Butler National Corporation F1Q09 (Qtr End 07/31/08) Earnings Call Transcript
Question-and-Answer SessionOperator (Operator's instruction) Mr. Stuart will not be accepting questions regarding Kansas gaming. Clark Stewart Jim, we do not have any questions. Jim Drewitz Clark if there are no questions, I think you should thank everyone for participating and we will catch up with them...
Olathe, Kan.-Based Conglomerate Drops Reverse Stock-Split Plan.
Knight Ridder/Tribune Business News Jan. 8 -- Butler National Corp. won't go through with a 1-for-10 reverse stock split. Shareholders were scheduled to vote earlier this week, but the matter was shelved when the required quorum of outstanding shares wasn't represented...
Butler National Corp. — Listing Symbol Changed
OLATHE, Kan.--BUSINESS WIRE--Nov. 23, 1998--Butler National Corp.'s common stock will continue to be listed on The Nasdaq SmallCap Market via an exception from the minimum bid price requirement. While Butler National Corp. failed to meet this requirement as of Aug. 6, 1998, the company was granted a temporary exception...
Butler National Corp. agrees to sell some of the intangible assets of its food distribution segment to a former officer
OLATHE, Kan.--BUSINESS WIRE--June 26, 1997--Butler National Corp. completed its April 30, 1997, agreement to sell certain intangible assets of its food distribution segment to Marvin J. Eisenbath, former president of RF Inc. The company has not disclosed the specific terms of the transaction, but has accepted all...
Butler National Corp. reports the approval of a management contract for Class II and Class III gaming in Oklahoma;
OLATHE, Kan.--BUSINESS WIRE--Jan. 15, 1997-- A Summer 1997 opening is expected Butler National Corp. reported that a Management Contract between the Miami and Modoc Tribes of Oklahoma and Butler National Service Corp. for the construction and operation of a Class II and Class III...
Butler National Corp. files Form 10-Q for quarter ending Jan. 31, 1996
OLATHE, Kan.--BUSINESS WIRE--March 18, 1996--Butler National Corp. has filed its quarterly report on Form 10-Q pursuant to section 13 or 15d of the Securities Exchange Act of 1934. -0-
Butler National Corp. files Form 10-Q for quarter ending Oct. 31, 1995; comments on development of new products
OLATHE, Kan.--BUSINESS WIRE--Dec. 13, 1995--Butler National Corp. (NASDAQ:BUKS) has filed its quarterly report on Form 10-Q pursuant to section 13 or 15d of the Securities Exchange Act of 1934. -0-
Butler National Corp. files form 10-Q for quarter ending July 31, 1995
OLATHE, Kan.--BUSINESS WIRE--Sept. 5, 1995--Butler National Corp. (NASDAQ:BUKS) files Form 10-Q for the quarter ending July 31, 1995 and comments on the development of new products and the progress of Indian gaming projects.Butler National Corp. has filed its quarterly report on Form 10-Q pursuant to Section 13 or 15d of...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Clark D Stewart | President and Chief Executive Officer |
| Larry W Franke | President of Avcon, Industries |
| Angela D Seba-Shinabargar | Cfo |
| Angela D Shinabargar | Chief Financial Officer |
| Curtis Beadle | Specialist and Crew Chief In the United States Air Force |
| Christopher J Reedy | Vice President and Secretary |
| Scott West | Vice President, Engineering |
| William E Logan | Vice President and Treasurer, Wh of Kc, Inc. |
| R Warren Wagoner | Manager |
| Kathy L Gorrell | Assistant Cashier at Weslayan Bank In Houston |
| David B Hayden | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Jeffery H Shinkle | Board of Directors |
Clark D. Stewart was President of Tradewind Industries, Inc., a manufacturing company, from 1979 to 1985. From 1986 to 1989, Mr. Stewart was Executive Vice President of RO Corporation. In 1980, Mr. Stewart became President of Tradewind Systems, Inc. He became President of the Company in September 1989.
| Organization | Position | Status |
|---|---|---|
| Butler National Corp | President and Chief Executive Officer | Current |
| Tradewind Industries, Inc. | President | Former |
| Organization | Position | Status |
|---|---|---|
| Butler National Corp | President of Avcon, Industries | Current |
| Avcon Corporation | Vice President of Aircraft Modifications | Current |
| Butler National Corp | Board of Directors | Current |
| Butler National Corp | Vice President Aircraft Modifi | Former |
| Marketlink, Inc. | Vice President of Operations and Sales | Former |
| Organization | Position | Status |
|---|---|---|
| Butler National Corp | Cfo | Current |
| Organization | Position | Status |
|---|---|---|
| Butler National Corp | Chief Financial Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Butler National Corp | Specialist and Crew Chief In the United States Air Force | Current |
| Organization | Position | Status |
|---|---|---|
| Butler National Corp | Vice President and Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Butler National Corp | Vice President, Engineering | Current |
| Organization | Position | Status |
|---|---|---|
| Butler National Corp | Vice President and Treasurer, Wh of Kc, Inc. | Current |
| Butler National Corp | Board of Directors | Current |
R. Warren Wagoner was General Manager, Am-Tech Metal Fabrications, Inc. from 1982 to 1987. From 1987 to 1989, Mr. Wagoner was President of Stelco, Inc. Mr. Wagoner was Sales Manager for Yamazen Machine Tool, Inc. from March 1992 to March 1994. Mr. Wagoner was President of the Company from July 26, 1989, to September 1, 1989. He became Chairman of the Board of the Company on August 30, 1989.
| Organization | Position | Status |
|---|---|---|
| Butler National Corp | Manager | Current |
| Butler National Corp | Director, Chairman of the Board | Current |
| U.S. Steel Canada | President | Former |
| Butler National Corp | Executive Compensation | Former |
| Organization | Position | Status |
|---|---|---|
| Butler National Corp | Assistant Cashier at Weslayan Bank In Houston | Current |
| Butler National Corp | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Butler National Corp | Director | Current |
| Butler National Corp | President, Kings Avionics | Former |
| Organization | Position | Status |
|---|---|---|
| Butler National Corp | Board of Directors | Current |
Executive News
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Revenue-hungry Kansas will be owner of new casinos
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