Item 2. Properties
ITEM 2 . PROPERTIES
On December 31, 2021, we own or lease 1.3 million square feet of space, distributed by segment as follows:
Owned Leased Total
Aerospace 625,000 518,000 1,143,000
Test Systems — 140,000 140,000
Total Square Feet 625,000 658,000 1,283,000
We have principal operations in the U.S., Canada, France and the UK, as well as engineering offices in the Ukraine and India.
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Upon the expiration of our current leases, we believe that we will be able to either secure renewal terms or enter into leases for or purchases of alternative locations at market terms. We believe that our properties have been adequately maintained and are generally in good condition.
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