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) news coverage focuses on contract announcements, financial results, and business developments affecting this aerospace and defense component manufacturer. The company supplies flight-critical parts to military aircraft programs including the F-35 Joint Strike Fighter, Black Hawk helicopter, and multiple fighter platforms, making contract awards and program updates particularly relevant to investors tracking defense sector activity.
Typical news for Air Industries Group includes announcements of new contracts or contract extensions with prime defense contractors, quarterly and annual earnings reports detailing financial performance, and updates on manufacturing operations or facility expansions. The company's news flow often correlates with defense budget cycles and production rate decisions on major aircraft programs. Contract awards can range from component supply agreements worth several million dollars to smaller orders for specific aircraft batches.
Financial results announcements provide insight into how defense spending trends and aircraft production schedules affect the company's revenue and profitability. As a lower-tier supplier dependent on production volumes set by prime contractors, Air Industries Group's performance reflects broader patterns in military aircraft manufacturing. Investors following aerospace and defense stocks use this news to assess the company's position within the supply chain and its success in diversifying across multiple aircraft platforms.
Air Industries Group (NYSE American: AIRI) reported third-quarter and nine-month results for the period ended September 30, 2025. For Q3 2025, net sales were $10.3M, adjusted EBITDA $1.28M, gross profit $2.3M and gross margin 22.3%; operating income was $316k and net loss was $44k versus a $404k loss in Q3 2024. Operating expenses rose 5.6% year-over-year to $2.0M.
For the nine months, net sales were $35.1M, adjusted EBITDA $2.75M, gross profit $6.36M and gross margin 18.1%; operating loss was $422k and net loss was $1.45M versus $812k loss in 2024. A conference call is scheduled for November 17, 2025 at 8:00 AM ET.
Air Industries Group (NYSE American: AIRI), a manufacturer of precision aerospace and defense components, has secured two new contracts valued at $6.9 million. The contracts cover Fixed Wing Landing Gear Components and Rotorcraft Components for Combat Helicopters, specifically supporting Maintenance, Repair, & Overhaul (MRO) operations.
These new awards have increased AIRI's total aftermarket bookings to over $13 million, representing nearly 50% of new business since Q1 2025. The company's CEO, Lou Melluzzo, highlighted these contracts as significant achievements aligned with their strategic goal of expanding aftermarket penetration in 2025 and beyond.
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.
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