Stout Aircraft | Application Preview
Stout Aircraft is seeking government grants to fund the purchase of a land parcel, build hangar and shop space, and acquire woodworking equipment. The business plan outlines a strategy to double production and create new jobs within the next five years. Stout Aircraft aims to capitalize on the dire need for employment opportunities in Oklahoma and the challenges faced by the aviation industry. The company plans to generate income through aircraft manufacturing and providing builder assistance services for those interested in constructing experimental kit aircraft.
In terms of competition, Stout Aircraft identifies Synergy Air, Arion Aircraft LLC, and Planecrafters as the main competitors in a rapidly growing sector. With upcoming changes to FAA light sport regulations, the demand for builder assistance shops is expected to increase across the country. Stout Aircraft's competitive advantage lies in its comprehensive builder assistance offerings, which will include support for both conventional kits and custom-built aircraft crafted from plans, utilizing aluminum and wood materials.
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General Information
Business Registration Number: 86-3369890
Location: Blackwell, OK, United States
Length of Operation: 0
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
Purchase of land parcel, building hangar/ shop space, purchase woodworking equipment.
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Business Plan
In the next 5 years I will add additional employees and double production. Oklahoma is in great need of opportunities for employment. The Aviation industry has been hit hard. I will provide myself an income manufacturing aircraft and offering builder assistance services in the form of expertise and shop tools for those wanting to build their experimental kit aircraft. I will add employees within 5 years and double production.
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Self Identified Competition
Synergy Air, Arion Aircraft LLc, and Planecrafters are the three largest competitors in this space which has immense room for growth. With the FAA's light sport rules change in the near future builder assist shops will be needed Nationwide. Not only will I offer builder assist on all the normal kits on the market but my shop will offer builder assist on scratch built from plans, aluminum as well as wood experimental aircraft.
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Contact Applicant
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