The assembly of aerospace vehicles often requires the lifting and positioning of very heavy and expensive components. This Alum-a-Lift features a single lifting point where straps or chains are attached and used to pick up the various components. A powered lateral shuttle allows for fine side-to-side adjustment when installing or removing components. A powered drive wheel allows operators to safely and easily transport the heavy components. The boom can be folded down when not in use, minimizing floorspace.