Air Industries GroupAIRI
AIRI
About: Air Industries Group is an aerospace and defense company. Its manufactures and designs structural parts and assemblies that focus on flight safety, including landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines, and other components. The company also provides sheet metal fabrication of aerostructures, tube bending, and welding services.
Employees: 185
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
266% more capital invested
Capital invested by funds: $260K [Q2] → $950K (+$690K) [Q3]
100% more funds holding
Funds holding: 7 [Q2] → 14 (+7) [Q3]
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
3.18% more ownership
Funds ownership: 2.25% [Q2] → 5.42% (+3.18%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for AIRI.
Financial journalist opinion
Based on 4 articles about AIRI published over the past 30 days
Neutral
Business Wire
5 days ago
Air Industries Group Closes Fiscal 2024 with Record Bookings, Backlog - Preliminary Sales up Approximately 6.6%
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (“Air Industries”) (NYSE American: 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 p.
Neutral
Business Wire
1 week ago
Air Industries Group Secures Contract worth $5.9 Million for US Air Force F-5/T-38 Aircraft Actuators
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (“Air Industries”) (NYSE American: 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 pla.
Neutral
Business Wire
2 weeks ago
Air Industries Group Secures Additional Contract Worth $ 2.6 Million for Aftermarket Landing Gear Assemblies for the US Navy E-2D Advanced Hawkeye Aircraft
BAY SHORE, N.Y.--(BUSINESS WIRE)--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 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.
Positive
Zacks Investment Research
4 weeks ago
Air Industries Wins a Deal to Supply Components for CH-53K Helicopter
AIRI wins a deal to produce and deliver complex components for the CH-53K King Stallion helicopter program.
Neutral
Business Wire
1 month ago
Air Industries Group Secures $33 Million Contract for the CH-53K King Stallion Heavy-Lift Helicopter Components
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (“Air Industries”) (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it has secured a long-term contract valued at more than $33.0 million to manufacture and supply complex components for the CH-53K King Stallion helicopter program. The seven-year agreement strengthens Air Industries' pivotal role in supporting one of the U.S. Departme.
Neutral
Zacks Investment Research
1 month ago
Air Industries Secures a Contract to Supply Landing Gear Assemblies
AIRI secures a contract to provide landing gear assemblies for the U.S. Navy E-2D Advanced Hawkeye aircraft.
Neutral
Business Wire
1 month ago
Air Industries Group Secures $11 Million Contract for Landing Gear Assemblies for the US Navy E-2D Advanced Hawkeye Aircraft
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (“Air Industries”) (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it has secured a follow-on contract valued at over $11.0 million for landing gear assemblies for the U.S. Navy E-2D Advanced Hawkeye aircraft. Air Industries has been a key supplier to the E-2 family of aircraft for decades, underscoring its long-standing role in supp.
Neutral
Business Wire
1 month ago
Air Industries Group Secures $4.0 Million Contract for F-35 Arresting Gear Components
BAY SHORE, N.Y.--(BUSINESS WIRE)---- $airi--Air Industries Group (“Air Industries”) (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today announced that it has secured a follow-on contract valued at approximately $4.0 million for arresting gear components to be used on the F-35 Lightning II fighter aircraft. The contract originated in a European partner nation of the F-35 program. Production of the arresting gear comp.
Neutral
Seeking Alpha
2 months ago
Air Industries Group (AIRI) Q3 2024 Earnings Call Transcript
Air Industries Group (NYSE:AIRI ) Q3 2024 Earnings Conference Call November 14, 2024 4:30 PM ET Company Participants Lou Melluzzo - President and Chief Executive Officer Scott Glassman - Chief Financial Officer, Principal Accounting Officer and Secretary of the Company Conference Call Participants Jaime Perez - R.F. Lafferty & Company Operator Hello, and welcome to the Air Industries Group Third Quarter 2024 Earnings Conference Call.
Negative
Zacks Investment Research
2 months ago
Air Industries (AIRI) Reports Q3 Loss, Lags Revenue Estimates
Air Industries (AIRI) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.40 per share a year ago.
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