Interesting little company based on MN that produces light aircraft recovery systems (mainly for emergency use on light airframes). They've been in business since 1981. 80% of their parachute business comes from Cirrus (BRS parachutes are standard on Cirrus' most popular planes), although their recovery systems can be fitted into many aircraft in the light classes, including experimentals (and UAV's, which is kind of a big deal)

They also have a majority owned (90%) subsidiary called "Advanced Tactical Fabrication" that makes load bearing vests, personal armor carriers, and with the recently acquired "Head Lites" company, they now have a pretty nice presence in emergency lighting systems. They do their own fabrication in plants located in NC and a new one they just opened in Mexico.

In this .72-.79'ish range, they have a very appealing P/B and I think (for numerous reasons) that management is positioning the company in a generally strong and potentially lucrative direction, above and beyond their core parachute operations. They've been deploying their money pretty aggressively over the past couple years, which explains a few core stats.