Air Industries Group

Air Industries Group is an integrated tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications and is a prime contractor to the U.S. Department of Defense. The company is regarded for its expertise in manufacturing parts and assemblies that are vital for flight safety and performance, including landing gear, arresting gear, engine mounts, flight controls, and jet engine components. Its products are currently deployed on profile military aircraft such as the Sikorsky Black Hawk, Lockheed Martin F-35 Lightning II (Joint Strike Fighter), F-16 Fighting Falcon, Northrop Grumman E-2C/D, Boeing F-15 Eagle, and F-18 Hornet, as well as several commercial aircraft manufactured by Airbus and Boeing. The company was founded in 1979 and is headquartered in Bay Shore, NY.

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Air Industries Group (AIRI) Q4 2023 Earnings Call Transcript

BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today reported preliminary earnings results for the fourth quarter and full-year of 2023 along with its initial 2024 business outlook. “The fourth quarter of 2023 marked a robust end to a year of significant progress and strategic growth positioning,” said Lou Melluzzo, CEO of Air Industries Group. “Not onl.

Air Industries Group Reports Preliminary Fourth Quarter and Full-Year 2023 Financial Results and Initial 2024 Business Outlook

BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it plans to release its preliminary Q4 fiscal and full-year 2023 results after the market closes on Monday, April 1, 2024. Conference Call Information At 4:30 ET that day, the Company will also host a conference call to discuss its results and 2024 Business Outlook. Individuals can acce.

Air Industries Group To Preliminary Report Q4 and FY 2023 Results on April 1, 2024 and Schedules Earnings Conference Call

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BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (the Company) (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced that it has received two separate strategically important contracts, both from new customers. Air Industries has received an initial order for structural engine nacelle components for the new CH-53K Heav.

Air Industries Group Receives Two Strategically Important New Contracts from New Customers

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Air Industries Group (AIRI), along with its subsidiaries, remains a prime contractor of the U.S. Department of Defense.

Air Industries (AIRI) Unit Wins Deal to Supply F-35 Parts

BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced that its Sterling Engineering Corporation (Sterling) subsidiary has received two contracts totaling approximately $3.2 million. Sterling Engineering has been awarded two contracts for engine components used in the F-1.

Air Industries Group Subsidiary Sterling Engineering Corporation Receives $3.2M in New Contracts

Air Industries Group (NYSE:AIRI ) Q3 2023 Earnings Conference Call December 7, 2023 4:30 PM ET Company Participants Luciano Melluzzo - President and Chief Executive Officer Scott Glassman - Chief Financial Officer Conference Call Participants Howard Halpern - Taglich Brothers Operator Hello and welcome to the Air Industries Group Third Quarter 2023 Earnings Call. At this time all participants are in listen-only mode.

Air Industries Group (AIRI) Q3 2023 Earnings Call Transcript

Air Industries (AIRI) came out with a quarterly loss of $0.40 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.04 per share a year ago.

Air Industries (AIRI) Reports Q3 Loss, Tops Revenue Estimates

BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced its financial results for the third quarter ended September 30, 2023. Commenting on the recent results, Lou Melluzzo, CEO of Air Industries Group, expressed optimism about the Company's trajectory: “Our third quarter.

Air Industries Group Announces Results for Third Quarter Ended September 30, 2023 and Comments on Business Outlook

BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group (NYSE American: AIRI) (“Air Industries” or the “Company”) announced that on November 21, 2023, it received a notice from NYSE Regulation stating that the Company is not in compliance with the continued listing standards of the NYSE American (the “Exchange”) under the timely filing criteria set forth in Section 1007 of the NYSE American Company Guide (the “Company Guide”). The non-compliance results from the Company's failure to timely file.

Air Industries Group Receives Notice from NYSE American Regarding Late Filing of Quarterly Report on Form 10-Q

BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (NYSE American: AIRI) today announced the promotion of Scott Glassman to Chief Financial Officer, Principal Accounting Officer and Secretary of the Company and its subsidiaries. Mr. Glassman, age 46, has served as the Company's Chief Accounting Officer since 2019. Mr. Glassman succeeds Michael Recca, age 73, who has served as Chief Financial Officer, Principal Accounting Officer and Secretary of the Company for over 9 years, and has served.

Air Industries Group Announces CFO Transition

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BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (NYSE American: AIRI) today announced that, in conjunction with a major OEM customer, it has secured the welding equipment, related tooling and peripheral equipment used to weld the arresting gear that secures the E-2D aircraft's tail hook, which is essential for landing on aircraft carriers. The Company noted that this machinery is the only equipment currently certified to weld the arresting gear. The equipment is being installed at Air In.

Air Industries Group Adds Important Arresting Gear Welding Capability to Support U.S. Navy E-2D Aircraft Program

Air Industries Group (NYSE:AIRI ) Q2 2023 Earnings Conference Call August 9, 2023 4:15 PM ET Company Participants Luciano Melluzzo - President and Chief Executive Officer Michael Recca - Chief Financial Officer Conference Call Participants Howard Halpern - Taglich Brothers Operator Hello, and welcome to Air Industries Group Second Quarter 2023 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

Air Industries Group (AIRI) Q2 2023 Earnings Call Transcript

BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced its financial results for the quarter ended June 30, 2023. Commenting on the recent results, Lou Melluzzo, CEO of Air Industries Group, said, “I am pleased that we delivered both top-line and bottom-line improved perf.

Air Industries Group Announces Improved Operating Results for Second Quarter Ended June 30, 2023 and Provides Comments on Business Outlook

Air Industries Group (NYSE:AIRI ) Q1 2023 Earnings Conference Call July 12, 2023 4:15 PM ET Company Participants Lou Melluzzo - President and Chief Executive Officer Michael Recca - Chief Financial Officer Peter Rettaliata - Chairman Conference Call Participants Howard Halpern - Taglich Brothers Operator Hello, and welcome to the Air Industries Group's First Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode.

Air Industries Group (AIRI) Q1 2023 Earnings Call Transcript

BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (the Company) (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced that it has appointed Peter Rettaliata Chairman of the Company's Board of Directors. As Chairman, he succeeds Michael Taglich, who will remain on the Board of Directors. Mr. Rettaliata is currently a dir.

Air Industries Group Announces the Appointment of Peter Rettaliata as Chairman of the Board

Air Industries Group's (AIRI) Q1 sales miss the Zacks Consensus Estimate. It faces an increase in interest expenses because of higher loans and a rise in the prime rate.

Air Industries (AIRI) Q1 Sales Lag Estimates, Increase Y/Y

BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (the Company) (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced that it has been awarded two new contracts valued at a total of $5.2 million to produce components for the U.S. Navy E-2D aircraft and F-35 Joint Strike Fighter. The first order is valued at $2.0 million.

Air Industries Group Receives Two Contracts Totaling $5.2 Million for US Navy E-2D Aircraft and F-35 Joint Strike Fighter Components

BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced its financial results for the quarter ended March 31, 2023. First Quarter 2023 Comparisons Consolidated net sales for the three months ended March 31, 2023 were $12.5 million, an increase of $487,000 or 4.0% from the.

Air Industries Group Announces Financial Results for the Three Months Ended March 31, 2023

BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced that on May 16, 2023 it filed with the Securities and Exchange Commission (“SEC”) its Annual Report on Form 10-K for the year ended December 31, 2022. The Company noted that it received an unqualified opinion on its 2.

Air Industries Group Files 10-K for the Year Ended December 31, 2022

BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced that Lou Melluzzo, CEO of Air Industries, and Michael Recca, CFO, will present at the Taglich Brothers 19th Annual Investment Conference on Monday, May 1, 2023 at 4:45 PM (ET) in New York. To view the webcast, visit h.

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