Air Industries Secures $110M Contract for GTF Engine Parts [Yahoo! Finance]
Air Industries Group (AIRI)
NASDAQ:AMEX Investor Relations:
airindustriesgroup.com/investor-relations
Company Research
Source: Yahoo! Finance
This contract will begin in January 2025 and run through 2031. Successful delivery of the thrust struts is likely to bolster AIRI's top-line performance. Following this contract win, the company's backlog count has increased to more than $280 million. AIRI & Combat Jets Air Industries plays an important role in the military jet market as a leading manufacturer of precision components and assemblies, such as landing gears, flight controls, engine mounts, and components for aircraft jet engines. These components are crucial for the safety and reliability of military jets. Notably, the company builds thrust struts for GTF jet engines, made by prominent aircraft engine manufacturer – Pratt & Whitney. The GTF family of jet engines powers some of the most renowned aircraft across the globe, such as Airbus A320neo, A220 and E2 jets of Embraer. The demand for AIRI's thrust struts, thus, remains solid. The company, therefore, enjoys steady orders for its thrust struts, like the latest
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AIRI
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
- Metal-Air Battery Market Research Report 2024-2033: Future of Energy Storage Shaped by Metal-Air Batteries, Set to Dominate the Next Decade of Technology Innovations [Yahoo! Finance]Yahoo! Finance
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