FreeFlight Systems provides avionics solutions, including ADS-B systems, GNSS receivers, and radar altimeters, for various aviation applications, self-described as a NextGen avionics provider.

FreeFlight Systems

Panasonic Avionics provides solutions, systems, platforms, and services for inflight entertainment and communications. The offerings include various entertainment and connectivity solutions, catering to the needs of airlines and improving passenger experiences.

Panasonic Avionics

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Cyber & Intelligence, Platforms & Services (US), Air, and Maritime. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance systems, space electronics, and electric drive propulsion systems. The Cyber & Intelligence segment provides solutions to modernize, maintain, and test cyber-harden aircraft, radars, missile systems, and mission applications that detect and deter threats to national security; systems engineering, integration, and sustainment services for critical weapons systems, C5ISR, and cyber security; and solutions and services to intelligence and federal/civilian agencies. It also offers data intelligence solutions to defend against national-scale threats, protect their networks, and data against attacks; security and intelligence solutions to the United Kingdom government and allied international governments; anti-fraud and regulatory compliance solutions; and enterprise-level data and digital services. The Platforms & Services (US) segment manufactures combat vehicles, weapons, and munitions, as well as provides ship repair services and the management of government-owned munitions facilities. The Air segment develops, manufactures, upgrades, and supports combat and jet trainer aircraft. The Maritime segment designs, manufactures, and supports surface ships, submarines, torpedoes, radars, and command and combat systems; and supplies naval gun systems. It also supplies naval weapon systems, missile launchers, and precision munitions. The company was founded in 1970 and is based in Farnborough, the United Kingdom.

BAE Systems plc

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital. The Commercial Airplanes segment provides commercial jet aircraft for passenger and cargo requirements, as well as fleet support services. The Defense, Space & Security segment engages in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems; strategic defense and intelligence systems, which include strategic missile and defense systems, command, control, communications, computers, intelligence, surveillance and reconnaissance, cyber and information solutions, and intelligence systems; and satellite systems, such as government and commercial satellites, and space exploration. The Global Services segment offers products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and data analytics and digital services to commercial and defense customers. The Boeing Capital segment offers financing services and manages financing exposure for a portfolio of equipment under operating leases, sales-type/finance leases, notes and other receivables, assets held for sale or re-lease, and investments. The company was incorporated in 1916 and is based in Chicago, Illinois.

William Edward Boeing

The Boeing Company

FreeFlight Systems develops avionics technology aimed at improving flight safety and efficiency, including products like radar altimeters and GNSS receivers. The company self-described as a provider of NextGen avionics solutions.

FreeFlight Systems | 4,419 followers on LinkedIn. Shape the Skies | Supplier of advanced aircraft navigation solutions for both civilian and military applications. Focus areas include GPS, Galileo, WAAS and EGNOS positioning equipment, ADS-B transmitters and receivers, radar altimeters, full navigation management solutions including RNP and LPV systems, as well as aircraft data servers and crash-hardened memory systems.

Keith McCormick

Vice President of Product & Services at FreeFlight Systems & Flight Data Systems (Part of ACR Group)

Behlul Poonawalla

President/COO/VP/Director: Lean Manufacturing – Supply Chain – Operations – Business Planning/Strategy – Sales – P&L/Financials – Innovation

Robert Bailey

Brian Nerney

This week, Behlul Poonawalla , the Vice President of Products and Services at FreeFlight Systems, engaged with the eVTOL Insights team to discuss the critical role of ADS-B in Urban Air Mobility (UAM). He delves into our pioneering efforts within the global Advanced Air Mobility sector. He emphasizes how our cutting-edge avionics technology—especially our ADS-B solutions—plays a crucial part in improving situational awareness and ensuring safety for both pilots and their aircraft. Tune in to learn more!

Today, we pause to honor and celebrate the brave men and women who have served our country. Your courage, sacrifice, and dedication inspire us daily. On this Veterans Day, we pay tribute to the valiant heroes who have defended our nation. Your bravery and sacrifice have paved the path to our freedom, and for that, we are eternally grateful.

Join Us at the AEA Regional Event in Copenhagen, Denmark! 🇩🇰 Speak to Steve Gubbins at the event about these recent updates: ➡️Learn about the new RA-4500 MK II DAL C model and its pricing advantages ➡️Get insights on Dual-Band ADS-B TCAS II integration ➡️Learn about the Q3 Service Bulletin for the GNSS/SBAS 1203 C We look forward to seeing everyone next week!

Today, Scott W. from FreeFlight Systems attended the AMTC conference at the bustling Salt Palace Convention Center. This yearly gathering is all about boosting the standards of emergency medical transport. Scott mingled with customers and connected with industry leaders, diving into conversations about how FreeFlight Systems’ innovative products can address their surveillance and navigation hurdles.

📣FreeFlight Systems Enhances 1203C GNSS/SBAS Receiver with Active Spoofing Recovery Features FreeFlight Systems' 1203C GNSS/SBAS Receiver now includes active spoofing recovery features. With spoofing incidents affecting 38% of European network traffic and impacting routes to the Middle East, Asia, and the US, this enhancement ensures reliable navigation in compromised environments, enhancing aviation safety. Read the full press release here: https://bit.ly/3YA0MIp #AviationSafety #FreeFlightSystems #GNSS #SBAS #SpoofingRecovery #AviationTechnology

📣 FreeFlight Systems Announces TCAS II Integration with Dual Band ADS-B Solution. With both systems integrated and displayed on the same cockpit interface, pilots can manage traffic information more efficiently and receive more precise and timely traffic alerts and resolution advisories, significantly reducing their workload and enhancing coordination, especially in busy airspace. This upgrade enhances real-time decision-making and routing efficiencies for business aviation pilots. Reade the full release: https://bit.ly/3Ul8xQi . #ADS -B #AviationSafety #FreeFlightSystems

📢 Exciting News! FreeFlight Systems and Air Dallas Instruments Inc announce a strategic alliance enhancing the safety of King Air operators through the installation of cutting-edge 5G-tolerant radar altimeters, specifically the RA-5500. “This partnership underscores our unwavering commitment to advancing safety and performance in aviation technology,” expressed Danny Barnfield, President of Air Dallas Instruments. Shane LaPlante, VP of Sales and Marketing at FreeFlight Systems, added: “Our advanced radar altimeters represent a significant upgrade for King Air operators, providing peace of mind for safety and situational awareness.” Read the full release: https://bit.ly/48asXkC #KingAir #DallasAirInstruments #RadarAltimeters

Are you passionate about aviation technology? Stop by and see Morgan Branum, MHRM, MHRD at Booth #923 during NBAA to explore future opportunities!✈️ #NBAA2024 #AviationJobs #CareerOpportunities #FreeFlightSystems

Connect With Us at MRO Europe 2024 in Barcelona next week! ✈️ Shane LaPlante, Vice President of Sales & Marketing, and Steve Gubbins, our European Sales Manager, will be present to engage with customers and share the latest product advancements. ▶️GNSS/SBAS solution offers increased resilience against minor active spoofing incidents, ensuring reliable navigation and safety. ▶️5G-Tolerant TERRAIN SERIES radar altimeters ensure seamless flight operations. While the risk of 5G interference with radar altimeters is lower in Europe than in the United States, certain areas still have reported issues. The Federal Office of Civil Aviation (FOCA) has issued recommendations for operators to mitigate these risks, and the International Civil Aviation Organization (ICAO) underscores the potential for 5G interference. ▶️Dual Band ADS-B solutions enhance situational awareness and enable pilots to view surrounding aircraft's ADS-B information. 📅 Schedule a Meeting: https://bit.ly/3NtwOQd and connect with Shane LaPlante and Steve Gubbins now. #MRO #RadarAltimeters #AviationTechnology

📣 We are getting ready for NBAA next week in Las Vegas! Visit us at Booth #923 to explore the latest trends and technologies in business aviation and advanced air mobility. ➡️GNSS/SBAS: Enhanced resilience and recovery from spoofing incidents. ➡️RA-4500 MK II: Available as DAL B or DAL C variant. ➡️Dual-Band ADS-B: Watch for an update being released next week! Don't miss this opportunity to talk to the team! Pre-schedule a meeting: https://bit.ly/403JuEM . #NBAA2024 #AviationInnovation #BusinessAviation #AdvancedAirMobility

Metric
Company Name	FreeFlight Systems	Panasonic Avionics	BAE Systems plc	The Boeing Company
Symbol			BA	BA
MSH ID	COM:FREEFLIGHTSYSTEMS	AERO:PANASONIC	COM:BAESYSTEMS	COM:BOEING
Market	PRIVATE	PRIVATE	STOCKS	STOCKS
Sector	Technology	Technology	Industrials	Industrials
Industry	Aerospace & Defense	Aviation	Aerospace & Defense	Aerospace & Defense
Country	US	US	GB	US
Stage
Employee Count			99.80K	171K
Website	freeflightsystems.com	panasonic.aero	baesystems.com	boeing.com
LinkedIn	freeflightsystems			boeing
Founders

Metric
Market Cap			492.83M	113.08B
Enterprise Value
Monthly Web Traffic	1.56K	308.81K
Web Traffic Growth	0.07	0.26
Valuation
Raised Capital

Metric
Revenue	29.41B	77.79B
Revenue (LTM)
Revenue (NTM)
Gross Profit	2.75B	7.72B
EBITDA	3.76B	-773M
Operating Income	2.75B	-773M
Net Income	2.37B	-2.22B
EPS	0.78	-3.67
Diluted EPS	0.76	-3.67
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.09	0.10
Operating Profit Margin	0.10	-0.01
EBITDA Margin	0.13	-0.01
Net Profit Margin	0.08	-0.03
Return on Equity	0.18	0.20
Return on Assets	0.06	-0.02
Return on Capital Employed	0.10	-0.01

FREE

COM:FREEFLIGHTSYSTEMS

FreeFlight Systems

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	23.06	-56.42
P/B Ratio	3.27	-7.31
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	1.83	1.58
EV Multiple	13.53	301.02

Metric
Days Sales Outstanding		51.92
Days Payables Outstanding	256.75	62.32
Days Inventory Outstanding	22.11	469.70
Operating Cycle	128.86	533.59
Cash Conversion Cycle	37.87	468.54
Asset Turnover	0.72	0.57

Metric
Operating Cash Flow	4.67B	5.96B
Free Cash Flow	3.45B	4.43B
Cash Flow to Debt	0.70	0.11
Operating Cash Flow/Sales	0.16	0.08
Free Cash Flow Yield	0.06	0.01

Metric
Cash & Equivalents	5.18B	12.69B
Accounts Receivable	-365.70M	-128M
Inventory	1.47B	79.74B
Goodwill	14.51B	8.09B
Debt to Capitalization	0.48	1.55
Debt to Assets	0.22	0.38
Current Ratio	1.08	1.14
Quick Ratio	0.97	0.30

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.00	0.01
R&D to Revenue		0.04
SG&A to Revenue		0.07