UNITED STATES | |
SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
Notice of Effectiveness | |
Effectiveness Date: | December 19, 2024 4:15 P.M. |
Form: | S-3 | ||||||
|
UNITED STATES | |
SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
Notice of Effectiveness | |
Effectiveness Date: | December 19, 2024 4:15 P.M. |
Form: | S-3 | ||||||
|
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Air Industries Group ("Air Industries") (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced a recap of its fiscal 2024 results and outlined its strategic vision for continued growth and operational excellence in 2025 and beyond. 2024: A Year of Growth and Momentum Sales Growth Across the Company Fiscal 2024 marked a year of solid growth for Air Industries, with preliminary sales increasing by approximately 6.6% year-over-year. Each of our Centers of Excellence contributed meaningfully, and both facilities are expected to contribute significantly to Air Industries' continued success in 2025. Comp
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 has received a contract worth $5.9 million for flight control assemblies (actuators) for the US Air Force F-5/T-38 aircraft. Lou Melluzzo, Chief Executive Officer of Air Industries Group commented: "The F-5/T-38 aircraft is a long-established Air Force aircraft platform. Air Industries has not manufactured product for this aircraft in many years. This award continues to expand our current portfolio. "Increasing our actuation business has been a major initiative at Air Industries, and to support this
Air Industries Group (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it has received a contract worth $2.6 million dollars for main landing gear assemblies for the US Navy E-2D Advanced Hawkeye aircraft. The E-2D Advanced Hawkeye is a mission-critical platform for the US Navy, identifying threats, coordinating aircraft movement, and managing the airspace surrounding an Aircraft Carrier Battle Group. On December 9th we announced an $11 million-dollar award for E-2D landing gear assemblies. This new award is for some of the same products, but from a different customer. The prior award was to s
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 third quarter and nine months ended September 30, 2024, and provides an update on its 2024 business outlook. Q3 2024 Financial Highlights (as compared to Q3 2023): Revenues increased by 2.1%. Gross profit rose significantly by $713,000, an increase of 58%, resulting in gross margin of 15.5% up from the 10.0% achieved in 2023. Operating expenses were reduced by $150,000, or 7.4%. Operating profit for the quarter was $67,000, a substantial improvement over the $796,000 loss
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 Nine Months ended September 30, 2024 tomorrow, Thursday, November 14th pre-market at 7:00 am Eastern. Conference Call Information The company will host an earnings conference call Thursday, November 14th at 4:30 pm Eastern. The conference call-in number is 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 i
Air Industries Group ("Air Industries") (NYSE:AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today reported earnings results for the second quarter and six months 2024 along with an update of its 2024 business outlook. "Our second quarter reflected strength across our business," said Lou Melluzzo, CEO of Air Industries Group. "For the three months, revenues increased by 2.8% compared to the prior year, but gross profit and gross margin on sales improved dramatically. Gross profit for the second quarter increased by $474,000 or nearly 22% compared to 2023. With two quarters under our belt, 2024 is on track to be a yea
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4 - AIR INDUSTRIES GROUP (0001009891) (Issuer)
4 - AIR INDUSTRIES GROUP (0001009891) (Issuer)
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