International Aerospace Enterprises, Inc.(fka IARO)

[mrfence]

Me thinks we be herded to the promised land.

IARO is a nice slice of cake IMO ;)

All kidding aside here is the mission statement...

General Overview

International Aerospace Enterprises Inc. ("IAE", "we", " us", or the "company"), specializes in the sales and marketing of military aircraft spare parts on a worldwide basis. The company has directly purchased finished military goods/manufactured aircraft parts with a retail value of approximately $11 million USD, and has either taken on consignment, developed option purchase agreements, or other business procedures and means and arranged for the marketing, sales and processing of bids amassed nearly $100,000,000.00 USD of military aircraft spare parts that meet the quality standards necessary to be sold to the military industrial complex serving the U.S. government and or its U.S. Allies. The company's management intends to directly sell and market these military aircraft spare parts in concert with international marketing and sales companies already existing with a worldwide network of sales and marketing personnel.

...and what I've learned about this business growing up in the So Cal Military Industrial Complex is from observation. We make the latest competitive planes until someone makes a better one. Then we adopted that one and make it. In the mean time the old Factory Systems collect dust until the parts inventories run thin. Then the parts aftermarket kicks in to keep the fleets flying as the latest greatest planes are to expensive to completely replace the old fleet. Suddenly the old Factory System is dusted off and Parts specialists return from retirement.

F16s were cutting edge... few and far between in the late 70s and are still very competitive Fighters today. Parts contracts should be good for decades to come.

LOL, I remember fixing the perimeter fence for an Aerospace Contractor and we found a guy who's job was to maintain DC10 parts... There they were in the bone yard all neatly organized and labeled with a man who had been sitting on a stool watching over them for 19 years and 6 months! He was due to retire in 6 more months. Nobody had ordered a part for this museum piece in that 20 years but there were still some being maintained for posterity hence a parts contract that just keeps giving :)

F16s are plentiful and active and these parts contracts are lucrative... IARO has been dusted off now and is a big winner IMO.
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