| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
51 |
| Employees |
2,900 |
| Revenues (TTM) (Millions $) |
1,925 |
| Net Income (TTM) (Millions $) |
81 |
| Cash Flow (TTM) (Millions $) |
79 |
| Capital Exp. (TTM) (Millions $) |
156 |
Business Description
Klx Inc. is an American aerospace and defense company that is headquartered in Wellington, Florida. The company provides products and services to the global aerospace industry, including aftermarket composite structures, aerospace fasteners, and a range of aerospace hardware and consumables. Klx Inc. is a leading provider of solutions for the commercial, military, and business jet markets.
The company was originally a division of B/E Aerospace, but it became an independent company in 2014 when B/E Aerospace spun it off. Klx Inc. has since grown rapidly through a combination of organic growth and strategic acquisitions. The company has operations in more than 30 countries around the world, with over 100 stocking locations and distribution centers.
Klx Inc. is divided into two main business units - Aerospace Solutions Group (ASG) and Energy Services Group (ESG). The ASG division is involved in the distribution and supply of aerospace hardware and consumables, including fasteners, bearings, electrical components, and hydraulic and pneumatic systems. The ESG unit provides oilfield services and equipment to the oil and gas industry, including drilling tools, downhole equipment, and artificial lift systems.
In addition to its core businesses, Klx Inc. also provides value-added services such as technical sales support, inventory management, and repair and overhaul services. The company has a strong focus on innovation and technology, with a dedicated research and development team that is constantly developing new products and solutions to meet the needs of its customers.
Klx Inc. is committed to sustainability and responsible business practices, with a focus on reducing its environmental impact and improving the well-being of its employees and the communities in which it operates. The company has won numerous awards for its sustainability initiatives, including the Green Award from the Florida Department of Environmental Protection.
Overall, Klx Inc. is a highly respected and innovative company that is at the forefront of the aerospace and oil and gas industries. With its extensive global reach, strong product portfolio, and commitment to sustainability, the company is well positioned for continued growth and success in the years ahead.
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