History
AAI Corporation originated as Aircraft Armaments, Inc. in August 1950 by six aviation and defense industry professionals.
In the late 1950s, the company was renamed AAI Corporation. AAI’s parent company, United Industrial Corporation (UIC), was originally founded as Hayes Body Corporation in the early 1900s. Renamed many years later, UIC was admitted into the New York Stock Exchange for trading on December 15, 1964.
From 1994 to 2004, AAI partnered with the Czech firm, Škoda, in a joint venture to manufacture trolley buses. The company was named Electric Transit, Inc. and supplied 330 trolley buses to San Francisco and Dayton before being dissolved in 2004.
On 22 June 2006 Aerosonde Ltd was acquired by AAI.
In 2007, Textron acquired AAI and related companies valued at approximately $1.1 billion.
Today, AAI owns or occupies more than 1,100,000 square feet (100,000 m2) of office and manufacturing space across Australia, the United Kingdom and the USA.
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Famous quotes containing the word history:
“I am ashamed to see what a shallow village tale our so-called History is. How many times must we say Rome, and Paris, and Constantinople! What does Rome know of rat and lizard? What are Olympiads and Consulates to these neighboring systems of being? Nay, what food or experience or succor have they for the Esquimaux seal-hunter, or the Kanaka in his canoe, for the fisherman, the stevedore, the porter?”
—Ralph Waldo Emerson (1803–1882)
“... that there is no other way,
That the history of creation proceeds according to
Stringent laws, and that things
Do get done in this way, but never the things
We set out to accomplish and wanted so desperately
To see come into being.”
—John Ashbery (b. 1927)
“It takes a great deal of history to produce a little literature.”
—Henry James (1843–1916)