Butler National Corporation reported record first-quarter fiscal 2027 results, with revenue rising 53% to $30.8 million, operating income increasing 59% to $7.4 million and net income climbing 43% to $5.3 million. Diluted earnings per share rose to $0.08 from $0.06, while operating margin expanded to 24% from 23%. Aerospace Products revenue increased 92% to $21.7 million, driven by aircraft modifications, Special Mission Electronics and modification-kit sales, and the segment's backlog reached a record $51.1 million as of July 31, 2026. Professional Services revenue rose 3% to $9.0 million, and the company repurchased 246,996 shares during the quarter.