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Air Industries Secures a Contract to Supply Landing Gear Assemblies
AIRIAir Industries (AIRI) ZACKS·2024-12-11 15:00

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 ...