Camp Butler National Cemetery

BUTLER NATIONAL SUBSIDIARY OBTAINS FAA APPROVAL KING AIR WITH EXTENDED NOSE BAY AND "WHALE POD"

Retrieved on: 
Wednesday, November 1, 2023

NEW CENTURY, Kan., Nov. 1, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for specialized aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces that its subsidiary, Avcon Industries, Inc., obtained Federal Aviation Administration Supplemental Type Certificate (STC) approval of the Avcon nose extension and the Avcon extra-large "Whale Pod" modifications in the King Air Model B300 Airplanes.

Key Points: 
  • Avcon obtained STC SA04581CH for the installation of the Avcon extended nose and the Avcon "Whale Pod" on the King Air Model B300.
  • The Avcon extended nose may allow installation of up to a 20-inch camera or EO/IR sensor.
  • "The 'Whale Pod' is uniquely designed by the Avcon aerospace engineers to minimize drag and maximize available space for King Air Operators," commented Chris Reedy, President and CEO of Butler National Corporation.
  • "Similarly, the Avcon King Air Nose Extension creates new usable space for many different applications.

BUTLER NATIONAL CORPORATION ANNOUNCES FIRST QUARTER FISCAL YEAR 2024 FINANCIAL RESULTS

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Thursday, September 14, 2023

OLATHE, Kan., Sept. 14, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the first quarter fiscal 2024 ended July 31, 2023. 

Key Points: 
  • First quarter fiscal 2024 net income was $719 compared to a net income of $431 in the first quarter fiscal 2023.
  • First quarter fiscal 2024 operating margin was 7% compared to 11% in first quarter fiscal 2023.
  • Butler National companies, Avcon Industries, Inc., Butler Avionics and Butler National Tempe, in the Aerospace Products segment, concentrate on Learjet, Beechcraft King Air, Caravan, Gulfstream, and Cessna turbine engine aircraft, as well as electronic controls.
  • It is important to note that any such performance and actual results, financial condition or business, could differ materially from those expressed in such forward-looking statements.

BUTLER NATIONAL AVCON SUBSIDIARY EXPANDS TO KANSAS CITY AREA

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Wednesday, August 9, 2023

NEW CENTURY, Kan., Aug. 9, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for specialized aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announced the expansion of its subsidiary, Avcon Industries, Inc., to the New Century Airport, located just outside Kansas City.

Key Points: 
  • Butler National subsidiary Avcon Industries, Inc. expands operations to New Century Airport to Facilitate Growth and Skilled Personnel Demands
    NEW CENTURY, Kan., Aug. 9, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for specialized aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announced the expansion of its subsidiary, Avcon Industries, Inc., to the New Century Airport, located just outside Kansas City.
  • The company's expansion into the Kansas City area from its headquarters in Newton, Kansas will address two primary challenges:  acquisition of a skilled workforce and availability of hangar space.
  • The New Century Airport is home and headquarters to Avcon's parent company, Butler National, as well as Avcon's affiliate, Butler Avionics, Inc.
    "This is an exciting time for Avcon.
  • The Avcon team has been travelling globally to reach new clients and successfully acquire business," said Chris Reedy, CEO of Butler National.

BUTLER NATIONAL PROMOTES CHRIS REEDY FROM COO TO PRESIDENT AND CEO

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Monday, May 15, 2023

NEW CENTURY, Kan., May 15, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a recognized provider of professional management services in the gaming industry and a leader in special mission aircraft modifications, announces the promotion of Christopher J. Reedy from his current position as Chief Operating Officer to President and Chief Executive Officer. Reedy's extensive experience and leadership skills will continue to guide the company's strategic vision and growth.  Additionally, Butler National has relocated its headquarters to a new facility at the New Century Airport. 

Key Points: 
  • Additionally, Butler National has relocated its headquarters to a new facility at the New Century Airport.
  • Reedy, who has been a pivotal part of Butler National for over two decades, brings a wealth of experience to the President and CEO position.
  • His proven, complementary experience and skills in both aviation and gaming establish him as the perfect fit for the role of Butler National President and CEO," said R. Warren Wagoner, Chairman of the Butler National Board of Directors.
  • It allows our leadership to be on-site at a modification facility and creates a central hub for engineers, sales and avionics operations," said Chris Reedy, President and CEO.

BUTLER NATIONAL CORPORATION ANNOUNCES THIRD QUARTER FISCAL YEAR 2023 FINANCIAL RESULTS

Retrieved on: 
Thursday, March 16, 2023

OLATHE, Kan., March 16, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the third quarter fiscal 2023 ended January 31, 2023.  The Company will defer the conference call for the quarter to a planned fiscal year end results call following the filing of the Company's Form 10-K.

Key Points: 
  • Revenue increased 16% to $20.5 million in the three months ended January 31, 2023, as compared to $17.6 million in the three months ended January 31, 2022.
  • Third quarter fiscal 2023 net income was $2.0 million compared to a net income of $2.7 million in the third quarter fiscal 2022.
  • During the three months ended January 31, 2023, we invested approximately $ 578  in the development and acquisition of new products.
  • Butler National companies, Avcon Industries, Inc., Butler Avionics and Butler National Tempe, in the Aerospace Products segment, concentrate on Learjet, Beechcraft King Air, Cessna turbine engine aircraft, as well as electronic controls.

BUTLER NATIONAL ESTABLISHES COO ROLE TO DRIVE OPPORTUNITIES

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Thursday, January 26, 2023

OLATHE, Kan., Jan. 26, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS) announces the corporate organizational structure change with the establishment of the Chief Operator Officer ("COO") position, and the appointment of Christopher J. Reedy by the Board as Executive Vice President, Chief Operating Officer and Secretary of the Company. 

Key Points: 
  • Butler National is a recognized provider of professional management services in the gaming industry and a leader in special mission aircraft modifications.
  • Butler National has employed Christopher Reedy to perform many roles since November of 2000.
  • Leadership of each of the Butler National operating subsidiaries report to the COO.
  • Mr. Reedy has a very unique complement of experience and skills that make him well-suited to be the Butler National COO."

BUTLER NATIONAL CORPORATION ANNOUNCES SECOND QUARTER FISCAL YEAR 2023 FINANCIAL RESULTS AND CONFERENCE CALL

Retrieved on: 
Thursday, December 15, 2022

OLATHE, Kan., Dec. 15, 2022 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the second quarter fiscal 2023 ended October 31, 2022.  In conjunction with the release, the Company has scheduled a conference call Friday, December 16, 2022 at 10:00 AM Central Standard Time.

Key Points: 
  • Our engineering team resolved the supply chain shortages in Aerospace Products that shifted deliveries from first quarter into early second quarter.
  • Secondquarter fiscal 2023 net income was$2.7million compared to a net income of$3.2million in the secondquarter fiscal 2022.
  • Secondquarter fiscal 2023operating margin was 21%compared to 25%in secondquarter fiscal 2022.
  • Butler National companies, Avcon Industries, Inc., Butler National Tempe, and Butler Avionics,in Aerospace Products concentrate on Learjet, Beechcraft King Air, Cessna turbine engine, Cessna multi-engine piston and Dassault Falcon 20 aircraft.

BUTLER NATIONAL CASINO SUBSIDIARY ANNOUNCES ITS LAUNCH OF MOBILE SPORTS BETTING IN KANSAS

Retrieved on: 
Thursday, September 1, 2022

OLATHE, Kan., Sept. 1, 2022 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), through its wholly-owned subsidiary that manages Boot Hill Casino & Resort in Dodge City, Kansas, will launch online mobile sports betting through its online platform partner, DraftKings Inc. (NASDAQ: DKNG), today.

Key Points: 
  • "We're excited to be a part of the launch of sports betting in the State of Kansas.
  • Kansans can now access the latest betting markets as well as bet on local teams like the Kansas City Chiefs, Kansas City Royals, Kansas Jayhawks, Kansas State Wildcats and Sporting KC," said Clark Stewart, President and CEO of Butler National Corporation.
  • "We'd especially like to thank the Boot Hill Casino & Resort team, DraftKings, the Kansas Lottery and the Kansas Racing and Gaming Commission for all their efforts.
  • In 2008, Butler National Service Corporation (a Butler National Corporation subsidiary) proposed and was awarded a contract to manage the Boot Hill Casino & Resort in Dodge City.

BUTLER NATIONAL CASINO ANNOUNCES MOBILE SPORTS BETTING AGREEMENT WITH GOLDEN NUGGET ONLINE GAMING

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Friday, August 26, 2022

OLATHE, Kan., Aug. 25, 2022 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), through its wholly-owned subsidiary that manages Boot Hill Casino & Resort in Dodge City, Kansas, has entered into an agreement with Golden Nugget Online Gaming, LLC (GNOG), a subsidiary of DraftKings, Inc. (NASDAQ: DKNG), that could bring GNOG's online interactive sportsbook to Kansas, subject to receipt of licenses and regulatory approvals.

Key Points: 
  • "Golden Nugget Online Gaming is a recognized and established brand within the gaming industry.
  • "In addition, we're excited for DraftKings, as the parent company of Golden Nugget Online Gaming, to be able to bring Kansans a seamless, safe and premium sports betting experience through its Golden Nugget Online Gaming branded sportsbook, subject to receipt of requisite regulatory approvals."
  • GNOG's mobile sportsbook would offer eligible Kansans a robust, interactive suite of sports betting solutions and Kansas City fans will recognize the "Golden Nugget Online Gaming" brand as a trusted and legacy provider of gaming entertainment.
  • In 2008, Butler National Service Corporation (a Butler National Corporation subsidiary) proposed and was awarded a contract to manage the Boot Hill Casino & Resort in Dodge City.

BUTLER NATIONAL CASINO SUBSIDIARY SPORTS BETTING MANAGEMENT CONTRACT WITH KANSAS LOTTERY APPROVED

Retrieved on: 
Thursday, August 18, 2022

OLATHE, Kan., Aug. 18, 2022 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), through its wholly-owned subsidiary that manages Boot Hill Casino & Resort in Dodge City, Kansas, has received Sports Wagering Management Contract approval from the Kansas Lottery.

Key Points: 
  • OLATHE, Kan., Aug. 18, 2022 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), through its wholly-owned subsidiary that manages Boot Hill Casino & Resort in Dodge City, Kansas, has received Sports Wagering Management Contract approval from the Kansas Lottery.
  • The Sports Wagering Management Contract provides for the management of sports wagering, both in-house at the Boot Hill Casino, as well as through three Kansas Lottery approved Interactive Sports Wagering Platforms.
  • Following the enactment of the Kansas Expanded Lottery Act (KELA), Butler National competed for a contract to manage a Lottery Gaming Facility for the State of Kansas.
  • In 2008, Butler National Service Corporation (a Butler National Corporation subsidiary) proposed and was awarded a contract to manage the Boot Hill Casino & Resort in Dodge City.