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AIN flags $147M reserve on CH-53K; reviews structures assembly

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Albany International Corp. (AIN)$147 million loss reserve adjustment in the third quarter of 2025 related to performance on its CH-53K contract within the Engineered Composites (AEC) segment. The company also announced it will initiate a review of strategic alternatives for its structures assembly business.

The updates were disclosed alongside a press release furnished as Exhibit 99.1. These actions reflect contract performance impacts at AEC and a potential repositioning of the structures assembly business.

Positive

  • None.

Negative

  • None.

Insights

$147M Q3 reserve signals a material contract headwind at AEC.

Albany International plans to record an approximately $147,000,000 loss reserve adjustment in Q3 2025 tied to performance on the CH-53K contract within AEC. A reserve of this size typically reflects revised cost or performance expectations on a long-term contract and will materially impact reported quarterly results.

The company also will review strategic alternatives for its structures assembly business, indicating potential portfolio actions. Specific options or timing are not detailed in the excerpt. Actual financial effects will depend on the reserve’s final recording in Q3 2025 and any decisions following the review announced on October 28, 2025.

325 Corporate DrivePortsmouthNew HampshireFALSE0000819793NYSE00008197932025-10-282025-10-28

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report:    October 28, 2025
(Date of earliest event reported)
ALBANY INTERNATIONAL CORP.
(Exact name of registrant as specified in its charter)
Delaware
1-10026
14-0462060
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S Employer
Identification No.)
325 Corporate Drive Portsmouth, New Hampshire
03801
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code       603-330-5850
216 Airport Drive Rochester, New Hampshire
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol(s)
Name of each exchange
on which registered
Class A Common Stock, $0.001 par value per share
AIN
The New York Stock Exchange (NYSE)
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter).
    Emerging growth company
¨    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act





Item 2.02. Results of Operations and Financial Condition.

On October 28, 2025, Albany International Corp. (the "Company") issued a press release announcing it would initiate a review of strategic alternatives for its structures assembly business and that it will recognize an approximately $147 million loss reserve adjustment in the third quarter of 2025 related to performance on its CH-53K contract within its Engineered Composites (AEC) business segment.

Item 7.01. Regulation FD Disclosure.

A copy of the press release is attached as Exhibit 99.1.


Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. The following exhibit is being furnished herewith:

99.1    Press release dated October 28, 2025.



Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ALBANY INTERNATIONAL CORP.
By:
/s/ Willard Station
Name:
Willard Station
Title:
Executive Vice President and Chief Financial Officer
(Principal Financial Officer)
Date: October 3, 2024


EXHIBIT INDEX
Exhibit No.
Description
99.1
Press release dated October 28, 2025.
104
Inline XBRL cover page.



FAQ

What did Albany International (AIN) announce on October 28, 2025?

It announced a review of strategic alternatives for its structures assembly business and an approximately $147 million loss reserve adjustment in Q3 2025 tied to the CH-53K contract in AEC.

How large is the loss reserve adjustment Albany International plans to record?

Approximately $147 million, to be recognized in the third quarter of 2025.

Which program is associated with the loss reserve adjustment?

The CH-53K contract within the Engineered Composites (AEC) business segment.

Which part of Albany International is under strategic review?

The company’s structures assembly business is undergoing a review of strategic alternatives.

Where can I find the detailed announcement from AIN?

In the press release furnished as Exhibit 99.1 dated October 28, 2025.

What SEC form did Albany International use for this disclosure?

A Current Report on Form 8-K under Item 2.02 and Item 7.01.
Albany Intl Corp

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