Welcome to our dedicated page for Air Industries news (Ticker: AIRI), a resource for investors and traders seeking the latest updates and insights on Air Industries stock.
Air Industries Group (AIRI) delivers essential news and updates for stakeholders in aerospace and defense manufacturing. This dedicated resource provides investors and industry professionals with timely access to corporate developments, strategic initiatives, and operational milestones.
Track official press releases covering flight-critical component production, government defense contracts, and commercial aviation partnerships. Our curated collection includes updates on landing gear systems, engine mount innovations, and structural assembly advancements that maintain AIRI's position in safety-focused aerospace manufacturing.
Key content categories include quarterly financial results, major contract announcements, manufacturing process enhancements, and leadership updates. All materials are sourced directly from company communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to AIRI's evolving role in military and commercial aircraft production. Regularly updated content supports informed decision-making for those monitoring the precision manufacturing sector.
Air Industries Group (NYSE American: AIRI), a manufacturer of precision aerospace and defense components, reported challenging Q2 2025 financial results. Net sales decreased 6.7% to $12.7 million, with gross profit falling 23.3% to $2.0 million. The company posted a net loss of $422,000 compared to net income of $298,000 in Q2 2024.
For the first half of 2025, net sales declined 10.2% to $24.8 million, resulting in a net loss of $1.4 million. The company completed an ATM offering in July 2025, raising $4.0 million through the sale of 1,003,653 shares. Management implemented cost-saving measures, including workforce reductions expected to save $1.0 million annually, while noting record backlog levels that should benefit fiscal 2026.
Air Industries Group (NYSE American: AIRI), a manufacturer of precision components for aerospace and defense contractors, has scheduled its Q2 2025 earnings release for August 14th, 2025. The financial results for the three and six months ended June 30, 2025, will be released pre-market at 7:00 AM ET.
The company will host an earnings conference call on the same day at 4:30 PM ET, which investors can access via the toll-free number 877-524-8416.
Air Industries Group (NYSE American: AIRI) has secured a $5.4 million contract to manufacture Landing Gear Steering Collar Components for the US Air Force B-52 Aircraft. The contract deliveries are scheduled to begin in late 2026 and continue through Q3 2027.
The company highlights that the B-52 fleet, currently consisting of 76 active aircraft, is expected to remain in service for another 25 years. This new contract represents Air Industries' successful expansion into the aftermarket spares segment and marks their first order from a new customer.
Air Industries Group (NYSE American: AIRI), a manufacturer of precision components for aerospace and defense contractors, has scheduled its Q1 2025 earnings release for Thursday, May 15th, 2025 before market open at 7:00 am Eastern. The company will follow up with an investor conference call at 4:15 pm Eastern the same day, which can be accessed toll-free at 877-524-8416.
Air Industries Group (NYSE American: AIRI), a manufacturer of precision components and assemblies for aerospace and defense prime contractors, has scheduled its year-end 2024 financial results conference call for Wednesday, April 16th at 8:30am ET, pre-market. Investors can join the call by dialing 877-524-8416, and an audio replay will be available on the company's investor relations website after the call.
Air Industries Group (NYSE American: AIRI) reported preliminary unaudited financial results for 2024, showing improvements across key metrics. Net sales increased 7% to $55.1 million, with gross profit rising to $8.9 million (16.2% margin). The company achieved operating income of $459,000, compared to a loss in 2023, while reducing net loss by 35.9% to $1.4 million.
Q4 2024 showed mixed results with sales up 11.9% to $14.9 million, but recorded an operating loss of $111,000 and net loss of $554,000, primarily due to higher non-cash stock compensation expenses. Adjusted EBITDA for 2024 improved by 35.3% to $3.6 million.
The company reported record bookings and backlog, with new bookings up 15% and a book-to-bill ratio of 1.30x. Total backlog now exceeds $250 million, marking a company record. Air Industries also received the Northrop Grumman Supplier Excellence award in February 2025.
Air Industries Group (NYSE American: AIRI) has secured two contracts valued at $3.3 million for landing and arresting gear components for the US Navy E-2D Advanced Hawkeye aircraft. The contracts cover both new aircraft production and Maintenance, Repair, and Overhaul (MRO) of existing fleet aircraft.
As the sole supplier of landing gear components for the E-2D, Air Industries supports one of the US Navy's top five acquisition programs in 2023 and 2024. The E-2D Advanced Hawkeye, with over 70 aircraft operating worldwide, is expected to remain in service until at least the 2040s.
Air Industries Group (NYSE American: AIRI) has been honored with a Supplier Excellence Award from Northrop Grumman (NYSE: NOC) for their strategic excellence in military and security solutions. The recognition highlights AIRI's important role in supporting Northrop Grumman's delivery of advanced technologies for national security.
The partnership between the companies dates back decades, beginning with AIRI's supply relationship with Grumman Aerospace Currently, AIRI provides direct support for the E2-D Advanced Hawkeye aircraft and indirect support for the F-35 Lightning II through landing gear components.
Ken Brown, VP of enterprise global supply chain at Northrop Grumman, emphasized the importance of supplier partnerships in delivering next-generation advantages in advanced weapons, aircraft, missile defense, and space. The award acknowledges AIRI's dedication to supporting U.S. Military forces through high-quality performance and operational excellence.
Air Industries Group (NYSE American: AIRI) has secured two contracts totaling $1.5 million for landing gear components for the US Air Force B1-B Lancer bomber and F-16 Fighting Falcon. The contracts align with the company's strategic focus on the military maintenance, repair, and overhaul (MRO) market.
According to the Congressional Research Service, the US Military's Operations & Maintenance (O&M) budget is approximately 185% larger than the Procurement budget for new products. The Pentagon's FY2025 budget request includes a 3.5% increase in O&M funding while showing a 2.2% decrease in Procurement.
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