Inc. magazine has just revealed that Oakman Aerospace, Inc. (OAI) has placed in the top 50 percent of its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies.
The list represents a unique look at the most successful companies within the American economy’s most dynamic segment — its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
Not only have the companies on the 2019 Inc. 5000 (which are listed online at Inc.com, with the top 500 companies featured in the September issue of Inc., available on newsstands August 20) been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists.The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
The annual Inc. 5000 event honoring the companies on the list will be held October 10 to 12, 2019, at the JW Marriott Desert Ridge Resort and Spa in Phoenix, Arizona. As always, speakers include some of the greatest innovators and business leaders of our generation.
Oakman Aerospace, Inc. (OAI), founded in 2012, is a private, woman-veteran owned corporation dedicated to providing cutting-edge products and services related to space systems architectures, spacecraft/satellite design and development, and mission payload and data distribution services. As a global provider of space-based solutions, OAI offers complete end-to-end capabilities for customers, teammates, and stakeholders. More information can be found at www.oak-aero.com.
Maureen S. O’Brien, CEO of Oakman Aerospace, Inc, said the company is honored to be ranked in the Inc. 5000 list alongside some of the fastest growing companies in the country. This recognition is a testament to OAI’s motivated and hardworking team. The company;s growth can be attributed to the evolving needs of the firm's loyal partners, clients, and teammates. The company looks forward to continuing growth and innovation as the firm advances its mission to enable space for everyone.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”