Fairchild Corp.

From the April 28, 1997 Washington Post

	'96 (in $ 000s)	% Change From '95
Revenue	500,810	37.0
Net Income	5,445	--
Rank Last Year: 31

Description:
Fairchild is a worldwide manufacturer and distributor of aerospace fasteners and semiconductor processing equipment. It also has a significant equity interest in the telecommunications services and systems business. Fairchild holds a controlling 59 percent stake in Banner Aerospace Inc., a distributor of aircraft parts that has a small management office near Dulles.

Business Resume: Contact Info -- 300 West Service Rd. Chantilly, Va. 22021 703-478-5800 Main Business -- Manufacturing--aerospace Founded -- 1956 Chairperson -- Jeffrey J. Steiner (CEO) President -- Jeffrey J. Steiner Employees -- 3,000 D.C.-Area Employees -- 60

Developments:
Early this year Fairchild's fasteners division purchased Simmonds SA, a French fastener company, cementing its claim as the world's No. 1 manufacturer of aircraft fasteners, the rivets and bolts and other parts that hold aircraft together. Banner remains the world's second-largest distributor of aircraft parts. Fairchild has benefited in recent years from the boom in the aircraft manufacturing business, using the good times of the past two years to significantly trim its debt from acquisitions.