Item 2. Properties
ITEM 2 . PROPERTIES
On December 31, 2024, we own or lease 1,079,000 square feet of space, distributed by segment as follows:
Owned Leased Total
Aerospace 625,000 326,000 951,000
Test Systems — 128,000 128,000
Total Square Feet 625,000 454,000 1,079,000
We have principal operations in the U.S., Canada and France, as well as engineering offices in Ukraine and India.
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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