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Combination brings together special mission aviation and precision aerospace manufacturing to create a diversified mid-cap company expected to remain listed on NYSE American Tenax Aerospace Acquisition, LLC ("Tenax") and Air Industries Group ("Air") (NYSE:AIRI) jointly announced today that they have entered into an Agreement and Plan of Merger ("Merger Agreement") to combine Tenax's special mission aviation business with Air's precision aerospace manufacturing business. The merging of the companies will create a larger and more diversified company well-positioned to serve the needs of their government and commercial customers. After the merger, the combined company expects to remain liste
Air Industries Group (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced preliminary unaudited results for the year ended December 31, 2025. Consolidated sales were approximately $47.9 million Gross profit of $8.1 million or approximately 17.1% Loss from operations of approximately $334,000 Net loss of approximately $1.3 million Adjusted EBITDA (as calculated below) of approximately $4.3 million Reconciliation of Adjusted EBITDA to GAAP PRELIMINARY AND UNAUDITED For the Year Ended December 31, 2025 Net (Loss) $ (1,305,000 ) Intere
Air Industries Group ("Air Industries") (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced Financial Results for the Three and Nine months ended September 30, 2025. Third Quarter Results Net sales for the three months ended September 30, 2025 were $10.3 million and Adjusted EBITDA (a Non-GAAP) financial measure was $1.3 million. Other financial metrics reported were: Gross profit for the three months ended September 30, 2025 was $2.3 million. Gross profit as a percentage of sales was 22.3%. Operating expenses for the three months ended September 30, 2025 were $2.0 million, increasing $105
8-K - AIR INDUSTRIES GROUP (0001009891) (Filer)
8-K - AIR INDUSTRIES GROUP (0001009891) (Filer)
8-K - AIR INDUSTRIES GROUP (0001009891) (Filer)
4 - AIR INDUSTRIES GROUP (0001009891) (Issuer)
4 - AIR INDUSTRIES GROUP (0001009891) (Issuer)
4 - AIR INDUSTRIES GROUP (0001009891) (Issuer)
4 - AIR INDUSTRIES GROUP (0001009891) (Issuer)
Air Industries Group ("Air Industries") (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced Financial Results for the Three and Nine months ended September 30, 2025. Third Quarter Results Net sales for the three months ended September 30, 2025 were $10.3 million and Adjusted EBITDA (a Non-GAAP) financial measure was $1.3 million. Other financial metrics reported were: Gross profit for the three months ended September 30, 2025 was $2.3 million. Gross profit as a percentage of sales was 22.3%. Operating expenses for the three months ended September 30, 2025 were $2.0 million, increasing $105
Air Industries Group ("Air Industries") (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced Financial Results for the Three and Six months ended June 30, 2025. Second Quarter 2025 Financial Highlights Net sales: $12.7 million, a decrease of $0.9 million or 6.7% decrease from $13.6 million in Q2 2024. Gross Profit: $2.0 million, down $0.6 million or 23.3% from $2.6 million in Q2 2024. Gross margin decreased to 16.0%, a decrease of 350 basis points from 19.5% in Q2 2024. Operating Expenses: $2.0 million, up $0.1 million or 6.8% from $1.9 million in Q2 2024. Operating income: $8,000, compare
Air Industries Group ("Air Industries") (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it will release its Financial Results for the Three and Six Months ended June 30, 2025 on Thursday, August 14th, 2025 pre-market at 7:00 am Eastern. Investor Conference Call The company will host an Earnings Conference Call on Thursday, August 14th at 4:30 pm Eastern. Conference Toll-Free Number 877–524–8416 ABOUT AIR INDUSTRIES GROUP Air Industries Group is a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors. Its products include landing g
SC 13D/A - AIR INDUSTRIES GROUP (0001009891) (Subject)
SC 13D/A - AIR INDUSTRIES GROUP (0001009891) (Subject)
SC 13D/A - AIR INDUSTRIES GROUP (0001009891) (Subject)