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Air Industries Group - AIRI STOCK NEWS

Welcome to our dedicated news page for Air Industries Group (Ticker: AIRI), a resource for investors and traders seeking the latest updates and insights on Air Industries Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Air Industries Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Air Industries Group's position in the market.

Rhea-AI Summary
Air Industries Group has been awarded two new contracts worth a total of $5.2 million. The first contract, valued at $2.0 million, is for E-2D arresting gear components for the U.S. Navy. The second contract, valued at $3.2 million, is for F-35 arresting gear components for a non-U.S. customer. Deliveries for the E-2D components are expected to begin in 2025, while deliveries for the F-35 components are expected to start in Q4 2023.
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Rhea-AI Summary
Air Industries Group (NYSE American: AIRI) received a notice from NYSE Regulation stating that the Company is not in compliance with the continued listing standards of the NYSE American. The non-compliance is due to the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2023. The Company has six months to file the Form 10-Q and regain compliance.
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Air Industries Group

NYSE:AIRI

AIRI Rankings

AIRI Stock Data

17.44M
2.47M
26.42%
7.02%
0.22%
Small Arms Ammunition Manufacturing
Manufacturing
Link
US
Bay Shore

About AIRI

air industries group, inc. is an aerospace and defense company that has been supplying flight critical and other sophisticated parts and assemblies to prime defense and commercial aerospace manufacturers for over 40 years. air industries group stock is publicly traded, and is listed on the nyse mkt under the symbol airi. we design and manufacture structural parts and assemblies that focus on flight safety, including landing gear, arresting gear, engine mounts, flight controls and throttle quadrants. the company also provides sheet metal fabrication for aerostructures, tube bending and welding services. our products and services support premier aircraft in the armed forces; sikorsky blackhawk helicopter (all variants), the northrop grumman e-2 hawkeye (all variants), c-2a greyhound carrier based naval aircraft, the boeing c-17 globemaster, the f-16 fighting falcon and the f-18 hornet and the newest fighter the lockheed f-35 joint strike fighter (all variants). in 2005 air industries was