• December 20, 2006  United Industrial Corporation Subsidiary AAI Corporation Receives $9.9 Million Contract to Provide Advanced Boresight Equipment for U.S. Navy

• December 19, 2006  United Industrial’s AAI Services Subsidiary Receives $30.2 Million Contract from U.S. Air Force for Additional C-17 Maintenance Training Systems

• November 28, 2006  United Industrial Subsidiary AAI Corporation Acquires Test Systems Manufacturer Symtx, Expanding Opportunities in Aerospace and Defense, Avionics, and Satellite Markets

• November 14, 2006  United Industrial Corporation Subsidiary AAI Services Corporation Completes Acquisition Of Engine Repair Specialist McTurbine Inc.

• November 7, 2006  United Industrial Corporation Subsidiary AAI Services Corporation to Acquire Engine Repair Specialist McTurbine, Inc.

• October 26, 2006  United Industrial’s AAI Subsidiary Wins Initial Award for One System^®  Remote Video Terminals and Antennas for Critical Battlefield Situational Awareness

• October 16, 2006  United Industrial Corporation (NYSE: UIC) announced today that its AAI Corporation defense subsidiary has received three significant orders from the U.S. Army for production, refurbishment, and repair of equipment for Shadow^® 200 Tactical Unmanned Aircraft Systems (TUAS)

• September 27, 2006  United Industrial Subsidiary AAI Subsidiary Awarded C-17 Maintenance Training System Contracts Valued at More Than $14 Million

• August 23, 2006  United Industrial Subsidiary AAI Corporation Wins Contract to Integrate New Tactical Common Data Link for Unmanned Aircraft Systems

• August 22, 2006  United Industrial’s AAI Services Receives $6.9 Million Award to Upgrade Electronic Combat Trainer for U.S. Air Force

• August 9, 2006  AAI Corporation Wins Contract to Develop Advanced Airframe for FCS Class I

• July 12, 2006  AAI Services Corporation Selected to Join Design and Engineering Support Program II Team

• June 22, 2006  United Industrial Subsidiary AAI Corporation Acquires Leading Australian UAS Developer Aerosonde in Expansion of Capabilities

• June 20, 2006  AAI-Built Shadow^® Tactical Unmanned Aircraft Systems Surpass 100,000-hour Flight Milestone While Supporting U.S. Forces in Operation Iraqi Freedom

• May 8, 2006  United Industrial Subsidiary AAI Corporation Receives $87 Million Order from U.S. Army for Nine Additional Shadow^® 200 Tactical Unmanned Aircraft Systems

• April 17, 2006  United Industrial’s AAI Corporation Receives Contracts for Electronic Combat Testers for U.S., Canada, and the Netherlands

• April 10, 2006  United Industrial’s AAI Services Corporation Subsidiary Wins $48.5 Million in Contracts from Boeing to Provide Maintenance Training Systems for U.S. Air Force F-22 Raptor

• February 13, 2006  AAI Corporation Acquires Unmanned Air Vehicle Assets of Allied Aerospace Industries

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