Air Industries Group Announces Long-Term, Five Year, Agreement with Potential Sales in Excess of Approximately $60 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 Group (“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 a significant new Long-Term Agreement (LTA or Agreement) through its subsidiary Air Industries Machining Corporation (AIM). This five-year LTA is for “Thrust Struts,” a critical component of the Pratt & Whitney Geared-Turbo-Fan (“GTF”) jet engine. The GTF powers the Airbus A-220 (formerly the Bombardier C-Series), the Mitsubishi MRJ, and the Embraer E-2 commercial airliners.Based on the OEM’s forecast, the contract could generate potential sales of approximately $61.7 Million over the five-year term. As is customary with LTA contracts, Air Industries expects to receive sequential firm orders for delivery of product against the Agreement.Mr. Lou Melluzzo, CEO of Air Industries, comme
Show less
Read more
Impact Snapshot
Event Time:
AIRI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AIRI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AIRI alerts
High impacting Air Industries Group news events
Weekly update
A roundup of the hottest topics
AIRI
News
- Air Industries Group Secures $33 Million Contract for the CH-53K King Stallion Heavy-Lift Helicopter Components [Yahoo! Finance]Yahoo! Finance
- Air Industries Group Secures $33 Million Contract for the CH-53K King Stallion Heavy-Lift Helicopter ComponentsBusiness Wire
- Air Industries Secures a Contract to Supply Landing Gear Assemblies [Yahoo! Finance]Yahoo! Finance
- Air Industries Group Secures $11 Million Contract for Landing Gear Assemblies for the US Navy E-2D Advanced Hawkeye AircraftBusiness Wire
- Air Industries Group Secures $4.0 Million Contract for F-35 Arresting Gear Components [Yahoo! Finance]Yahoo! Finance
AIRI
Earnings
- 11/14/24 - Miss
AIRI
Sec Filings
- 12/20/24 - Form 8-K
- 12/20/24 - Form EFFECT
- 12/13/24 - Form S-3
- AIRI's page on the SEC website