Air Industries Group is a manufacturer of precision components and assemblies for the aerospace and defense industries, including landing gears, flight controls, and engine mounts. Its products are used in mission-critical operations for military and civilian applications, with clients including the US government and international airlines. Subsidiaries include Air Industries Machining, Nassau Tool Works, and Sterling Engineering Company.
Air Industries Group (AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, has secured a significant contract worth $5.4 million. The contract, announced on July 10, 2025, is for the supply of Landing Gear Steering Collar Components for the US Air Force B-52 Aircraft [1].
The contract, which is expected to begin deliveries in late 2026 and continue through the third quarter of 2027, represents a substantial win for AIRI. The company's Chief Executive Officer, Lou Melluzzo, highlighted the importance of the B-52 aircraft in the US Air Force fleet and the expected longevity of the aircraft, which is expected to remain in service for another 25 years. Melluzzo also noted that this contract is the first from a new customer, reflecting AIRI's increased focus on after-market spares [1].
The B-52 is a well-known aircraft that has been in service for decades, undergoing continuous upgrades. With 76 aircrafts active in the fleet, the demand for after-market products to support this aircraft is expected to continue for many years. This contract is a significant addition to AIRI's backlog, which the company has outlined as a record $120 million, indicating a strong business development momentum [2].
AIRI's products, including landing gears, flight controls, engine mounts, and components for aircraft jet engines, are used in mission-critical operations essential for the safety of military personnel and civilians. The company's high-quality and reliable products are used by both the US government and international airlines.
The contract is expected to contribute positively to AIRI's financial performance. The company uses Adjusted EBITDA as a supplemental profitability measure to understand and evaluate results, excluding non-cash depreciation and amortization charges, stock-based compensation expenses, and nonrecurring expenses and outlays [1].
References:
[1] https://finance.yahoo.com/news/air-industries-group-secures-5-110000939.html
[2] https://seekingalpha.com/news/4466423-air-industries-group-secures-54-million-contract-for-the-us-air-force-b-52-aircraft-shares-jump-nearly-61
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