Air Industries Secures a Contract to Supply Landing Gear Assemblies [Yahoo! Finance]
Air Industries Group (AIRI)
NASDAQ:AMEX Investor Relations:
airindustriesgroup.com/investor-relations
Company Research
Source: Yahoo! Finance
Per the contract, production of the landing gear assemblies is scheduled to begin in the second half of 2025 and the finished products' delivery will start in the first quarter of 2026. Increasing global socio-political unrest has led nations to invest heavily in securing their borders, with fighter jets being essential for defense. Additionally, the rise in commercial air traffic has increased the demand for both commercial and fighter jets. With increased need for more aircraft, the demand for maintenance, repair and overhaul (MRO) services is also growing. This must have led the Grand View Research firm to predict that the global aircraft MRO market will witness a CAGR of 4.8% during the 2025-2030 period. Air Industries is well-positioned to benefit from the growing aircraft MRO market, with its long history of providing key components for defense and commercial aerospace. The company's expertise in complex machining of hard metals, deep-hole drilling, high-speed machining of
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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 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
- Air Industries Group Secures $4.0 Million Contract for F-35 Arresting Gear ComponentsBusiness Wire
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