Item 2. Properties
ITEM 2. PROPERTIES.
At December 31, 2024, we owned approximately 152,000 square feet of floor space and leased approximately 3,000 square feet of floor space for total square feet of floor space of approximately 155,000 at three separate locations, primarily in the U.S., for operations, administration and various other uses. We own three hangars domestically and one hangar internationally. At December 31, 2024, we also leased approximately eleven acres of land domestically and one acre of land internationally. We have major operations at the following locations:
Corporate Headquarters: Belgrade, Montana
International Operations: Albacete, Spain
Other Locations: Huntsville, Alabama
We believe that our existing properties are in good operating condition and suitable for conducting our business.
Refer to “Note 16 – Leases” to the Consolidated Financial Statements contained within this Annual Report for information regarding commitments under leases.
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