SeeBITDAOklahoma

Drake Air Inc

Manufacturing
  • 4085 Southwest Blvd, Tulsa, OK
  • Since 2000
Federal contractor
Estimated valueLow confidence
$1.2M
$211Klikely range$2.4M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$3.0M
a year
Profit (EBITDA)
$400K
13% of revenue
Employees
—
not reported
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $1.2M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical manufacturing business in Oklahoma$3.0M
Revenue$3.0M
× 13% profit margin$400K
× 3 sale multiple = value$1.2M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner not found
Federal contracts

Signs of a sale Some signs of a sale

  • In business 26 years (since 2000)

From public records and the company's website, not a statement that it's for sale.

What they do

Drake Air is an AS9100/9110-certified MRO center of excellence that repairs, overhauls, designs and manufactures aircraft thermal management components such as heat exchangers, precoolers, oil coolers and fuel heaters for commercial, regional, military, UAV and rotor wing aircraft.

Products & services
Air to Air Heat ExchangersFuel Heaters and Oil CoolersNu-MatrixAccessoriesDER Core ReplacementRepair and OverhaulDesign and ManufacturingPMA and DER DesignResearch and DevelopmentMain/Primary Heat ExchangersSecondary Heat ExchangersReheaters/Condensers
Markets served
commercialregionalmilitaryUAVrotor winggeneral aviation
Certifications
AS9100/9110-certifiedCAAC approved repair stationFAA and EASA approved DER process

From the company's website. Industry: Manufacturing.

Customers & suppliers

Customers

  • U.S. Coast Guard · federal contracts $3.9M
  • Department of the Air Force · federal contracts $789K
  • Department of the Navy · federal contracts $251K

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Drake Air Inc
this business
$3.0M$400K—
Fastenal Company
Tulsa
$3.0M$400K0.1 mi
788 Trim Co.
Tulsa
$3.0M$400K0.1 mi
old world iron inc.
Tulsa
$3.0M$400K0.7 mi
KCD Coatings
Tulsa
$3.0M$400K0.9 mi
Valve Sales Inc.
Tulsa
$3.0M$400K1.2 mi
S&R Vapor Recovery
Tulsa
$3.0M$400K1.2 mi

The full calculation

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

Estimated value = EBITDA × typical sale multiple$1.2M
Multiple for this size and industry3×
Value range$211K – $2.4M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Manufacturing businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.

Revenue range$661K – $5.1M
EBITDA range$88K – $672K
Industry (NAICS)Manufacturing (31)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: approximate sector default. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

Public records

Federal contracts
USAspending.gov
Total, recent years$4.9M
FY2026$2.6M
FY2025$1.1M
FY2024$419K
FY2023$440K

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Drake Air Inc

Drake Air Inc is a manufacturing company in Tulsa, Oklahoma, in business since 2000. Its estimated annual revenue is about $3.0M, with roughly $400K of EBITDA. Its estimated business value is $1.2M (likely range $211K–$2.4M).

Common questions

Who owns Drake Air Inc?
The owner of Drake Air Inc isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does Drake Air Inc make?
SeeBITDA estimates Drake Air Inc's annual revenue at about $3.0M (likely between $661K and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Drake Air Inc worth?
About $1.2M, roughly 3× its estimated EBITDA of $400K, typical for a manufacturing company its size. Likely range: $211K–$2.4M.
When was Drake Air Inc founded?
Drake Air Inc has been in business since 2000.