Air Industries Group Announces Long-Term Contracts, With Firm Orders Over $18.2 Million and Potential Follow-On Orders for an Additional $13.7 Million
Air Industries Group (AIRI)
NASDAQ:AMEX Investor Relations:
airindustriesgroup.com/investor-relations
Company Research
Source: Business Wire
BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE AMEX:AIRI) (“Air Industries” or the “Company”), an integrated manufacturer of precision equipment assemblies and components for leading aerospace and defense prime contractors is pleased to announce that it has received major new contract awards totaling $18.2 million, and potential follow-on orders for an additional $13.7 million.Air Industries Machining Corporation, a unit of our Complex Machining Sector, received firm orders totaling approximately $11.9 million, including:An award of approximately $3.0 million for F-35 Joint Strike Fighter landing gear components, with deliveries beginning next year and continuing through 2021.An award of approximately $8.9 million for complete landing gear for the E2-D Hawkeye with deliveries beginning in 2021. The company has also been awarded exclusivity for an additional three years (2023 to 2025), covering additional product that may be ordered by our customer, worth an estimated
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News
- Air Industries: Q3 Earnings Snapshot [Yahoo! Finance]Yahoo! Finance
- Air Industries Group Reports Strong Q3 2024 Results and Reaffirms Positive Fiscal 2024 Outlook with Expanding Backlog and Improved Profit Margins [Yahoo! Finance]Yahoo! Finance
- Air Industries Group Reports Strong Q3 2024 Results and Reaffirms Positive Fiscal 2024 Outlook with Expanding Backlog and Improved Profit MarginsBusiness Wire
- Air Industries Group Announces Earnings Release DateBusiness Wire
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AIRI
Earnings
- 11/14/24 - Miss
AIRI
Sec Filings
- 11/14/24 - Form 10-Q
- 11/14/24 - Form 8-K
- 11/13/24 - Form 8-K
- AIRI's page on the SEC website