KLX, Inc. remains publicly traded on the NASDAQ Stock Exchange and markets its common shares using the symbol KLXI. It is listed as one of the components of the Russell 3000 Index. The two divisions within the company are Aerospace Solutions Group (ASG), which is represented by KLX Aerospace Solutions and the Energy Services Group (ESG), which is enacted by KLX Energy Services. The aerospace segment of the company operates on a global scale, while the energy business is known as one of the largest operations in North America.
KLX Aerospace Solutions is one of the world’s leading providers of aerospace fasteners, and consumables. Additionally, this segment offers inventory management solutions. The clients of the business include military entities around the world, commercial and business jet owners. They have a global network of facilities, which allows the business to provide unparalleled service to original equipment manufacturers (OEMs), commercial airliners, fixed based operators (FBOs), maintenance, repair and overhaul (MRO) operators and airline companies. The company also serves as a global distributor for major aerospace fastener manufacturers around the world.
KLX Energy Services provides technical services and related rental equipment. This segment is an aggregate of the 7 businesses that have been acquired by KLX, Inc. through the years. These businesses offer a wide range of solutions and equipment that are geared to provide production and exploration companies an edge in their operations. Their consumer base includes some of the biggest and major players in the oil and natural gas industry, specifically in the North American market.