Air Industries Group (AIRI) recently secured a contract worth more than $33 million to produce and deliver complex components for the CH-53K King Stallion helicopter program. This seven-year contract solidifies Air Industries' crucial contribution to one of the most significant procurement initiatives of the U.S. Department of Defense.All components for this contract will be built at AIRI’s Sterling Engineering Division in Connecticut.What Lies Ahead for Air Industries? Increasing defense budgets and advanc ...

Air Industries Group (AIRI) recently secured an $11 million contract to provide landing gear assemblies for the U.S. Navy’s E-2D Advanced Hawkeye aircraft. 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.What’s Favoring AIRI Stock?Increasing global socio-political unrest has led nations to invest heavily in securing their borders, with fighter jets being essential for defe ...

Air Industries Group (NYSE:AIRI) Q3 2024 Earnings Conference Call November 14, 2024 4:30 PM ET Company Participants Lou Melluzzo - President and Chief Executive Officer Scott Glassman - Chief Financial Officer, Principal Accounting Officer and Secretary of the Company Conference Call Participants Jaime Perez - R.F. Lafferty & Company Operator Hello, and welcome to the Air Industries Group Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-an ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended: September 30, 2024 or ☐ Transition Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______ to_______ Commission File No. 001-35927 AIR INDUSTRIES GROUP (Exact name of registrant as specified in its charter) | --- | --- | --- | --- | |-------|------ ...

Air Industries (AIRI) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -500%. A quarter ago, it was expected that this maker of parts for the aerospace industry and defense contractors would post a loss of $0.21 per share when it actually produced earnings of $0.09, delivering a surprise of 14 ...

Financial Results Presentation - Air Industries Group CEO Lou Melluzzo will present financial results for Q3 and nine months ended September 30, 2024, including backlog, book-to-bill ratio, operating income, sales, gross profit, margin, operating expenses, and EBITDA[4] - The financial information for the periods ended September 30, 2024, is preliminary and based on management's estimations, not yet reviewed or audited by the independent accounting firm[4] Presentation Details - The presentation will take place at the MicroCap Rodeo Fall Conference on October 16, 2024, at 2:00 PM in New York City and will be webcast live[5] Filing Attachments - The presentation materials are attached as Exhibit 99.2 to the Form 8-K filing[4] - The press release announcing the presentation is attached as Exhibit 99.1 to the Form 8-K filing[8]

The most recent trading session ended with Air Industries (AIRI) standing at $5.75, reflecting a -0.35% shift from the previouse trading day's closing. This move lagged the S&P 500's daily loss of 0.33%. At the same time, the Dow lost 0.22%, and the tech-heavy Nasdaq lost 0.56%. The maker of parts for the aerospace industry and defense contractors's stock has climbed by 2.85% in the past month, exceeding the Aerospace sector's loss of 6.93% and the S&P 500's gain of 1.83%. Investors will be eagerly watching ...

Air Industries (AIRI) closed the most recent trading day at $6.05, moving +0.17% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.92%. Meanwhile, the Dow experienced a drop of 0.96%, and the technology-dominated Nasdaq saw a decrease of 1.6%.The maker of parts for the aerospace industry and defense contractors's stock has by 0% in the past month, exceeding the Aerospace sector's loss of 3.47% and lagging the S&P 500's gain of 2.68%.The investment community will be closely ...

The most recent trading session ended with Air Industries (AIRI) standing at $5.90, reflecting a -1.01% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily loss of 0.18%. Meanwhile, the Dow experienced a drop of 0.8%, and the technology-dominated Nasdaq saw an increase of 0.27%.The the stock of maker of parts for the aerospace industry and defense contractors has risen by 5.3% in the past month, leading the Aerospace sector's loss of 0.88% and the S&P 500's g ...

Air Industries (AIRI) closed the latest trading day at $5.60, indicating a +0.18% change from the previous session's end. This change outpaced the S&P 500's 0.21% loss on the day. Elsewhere, the Dow saw a downswing of 0.14%, while the tech-heavy Nasdaq depreciated by 0.05%.Shares of the maker of parts for the aerospace industry and defense contractors witnessed a loss of 9.25% over the previous month, trailing the performance of the Aerospace sector with its gain of 0.27% and the S&P 500's gain of 5.94%.Ana ...