772572--3/20/2008--EDAC_TECHNOLOGIES_CORP

related topics
{competitive, industry, competition}
{cost, contract, operation}
{personnel, key, retain}
{control, financial, internal}
{cost, operation, labor}
{product, liability, claim}
{condition, economic, financial}
Our financial performance is dependent on the conditions of the aerospace industry The aerospace industry is highly competitive, and this competition could reduce our profitability or limit our ability to grow. We may not realize all of the sales expected from our existing Precision Aerospace backlog. We maintain a frozen defined benefit pension plan. Any product liability claims in excess of insurance could adversely affect our financial condition. We depend heavily on our senior management and other key personnel, the loss of whom could materially affect our financial performance and prospects. We face costs and risks associated with maintaining effective internal control over financial reporting.

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