Exhibit
      21








A10
      Inc. [DE]


Aero
      International, Inc.
      [Ohio]


Aircraft Tire Corporation [DE]


Aviation
      One Company Ltd. [Cayman
      Islands]


Banner
      Aerospace Holding Company I,
      Inc.[DE]


Banner
      Aerospace Holding Company II,
      Inc.[DE]


Banner
      Aerospace Services, Inc.
      [Ohio]


Banner
      Aerospace-Singapore, Inc.
      [DE]


Banner
      Capital Ventures,
      Inc.[DE]


Banner
      Energy Corporation of Kentucky,
      Inc. [DE]


Banner
      Industrial Distribution,
      Inc.[DE]


Banner
      Industrial Products,
      Inc.[DE]


Banner
      Investments (U.K.) Limited
      [U.K.]


BAR
      DE, Inc. [DE]


DAC
      International, Inc.
      [TX]


Dallas
      Aerospace, Inc.
      [TX]


DEM
      Mairoll, LLC [DE]


Discontinued
      Aircraft, Inc.
      [TX]


Discontinued
      Services, Inc.
      [DE]


Euro
      MLS, Inc. [DE]


Fairchild
      Arms International Limited
      [Ontario]


Fairchild
      Corporation of Canada, Ltd.
      (The) [Ontario]


Fairchild
      Data Corporation
      [DE]


Fairchild
      Fastener Group Ltd.
      [U.K.]


Fairchild
      Fasteners
      Corp.[DE]


Fairchild
      France, Inc.[DE]


Fairchild
      Holding Corp.
      [DE]


Fairchild
      International, Inc.
      [DE]


Fairchild
      Realty, LLC [DE]


Fairchild
      Retiree Medical Services,
      Inc. [DE]


Fairchild
      Sports Asia Limited [Hong
      Kong]


Fairchild
      Sports France SARL
      [France]


Fairchild
      Sports GmbH
      [Germany]


Fairchild
      Sports, Inc.
      [DE]


Fairchild
      Sports Switzerland GmbH
      [Switzerland]


Fairchild
      Sports USA, Inc.
      [DE]


Fairchild
      Switzerland, Inc.
      [DE]


Fairchild
      Technologies IP, Inc.
      [DE]


Fairchild
      Technologies Semiconductor
      Equipment Group GmbH [Germany]


Fairchild
      Titanium Technologies, Inc
      [DE]


Fairchild
      Trading Corp.
      [DE]


Faircraft
      Sales Ltd. [DE]


GCCUS,
      Inc. [CA]


Gobble
      Gobble, Inc. [DE]


H2K
      Communications GmbH
      [Germany]


Hein
      Gericke Austria GmbH
      [Austria]{full legal name:  Hein Gericke Austria Handelsgesellschaft
      mbH}


Hein
      Gericke Belgium BVBA
      [Belgium]


Hein
      Gericke Deutschland GmbH
      [Germany]


Hein
      Gericke France SARL
      [France]


Hein
      Gericke Nederland B.V.
      [Netherlands]


Hein
      Gericke Textile Limited [Turkey]
      {legal name: Hein Gericke Tekstil Sanayi ve Ticaret Limited
      Sirketi}









Hein
      Gericke (UK) Limited


HGD
      Verwaltungs GmbH
      [Germany]


Intersport
      Fashions West, Inc.
      [CA]


Jenkins
      Coal Dock Company,
      Inc.[DE]


JJS
      Limited [United
      Kingdom]


Mairoll,
      Inc.  [DE]


Marcliff
      Corporation [DE]


Marson
      Creative Fastener, Inc.
      [DE]


Matrix
      Aviation, Inc. [KS]


Meow,
      Inc. [DE]


Nasam
      Incorporated [CA]


PB
      Herndon Aerospace, Inc.
      [Missouri]


Plymouth
      Leasing Company
      [DE]


PoloExpress
      GmbH [Germany]


Professional
      Aircraft Accessories, Inc.
      [FL]


Professional
      Aviation Associates, Inc.
      [GA]


Recoil
      Australia Holdings, Inc.
      [DE]


Recoil
      Holdings, Inc. [DE]


Recoil
      Inc. [DE]


Recycling
      Investments II, Inc.
      [DE]


Recycling
      Investments III, Inc.
      [DE]


Republic
      Thunderbolt, LLC
      [DE]


RHI
      Holdings, Inc.[DE]


Rooster,
      Inc. (The) [DE]


Sheepdog,
      Inc. [DE]


Sovereign
      Air Limited [DE]


Suchomimous
      Terensis, Inc.
      [DE]


Swimming
      Upstream LLC [DE]


WIS
      LP, Ltd.
      [Bermuda]