Air Industries Group
airindustriesgroup.comAir Industries Group (NYSE American: AIRI) is an aerospace and defense manufacturing company that produces structural assemblies, flight control surfaces, landing gear components, and other flight-critical parts for military and commercial aircraft. Revenue is generated through long-term agreements and contracts with the U.S. Department of Defense, Tier 1 prime contractors, and other aerospace customers, with pricing committed under long-term agreements that include some raw material cost protection provisions. The company operates through three subsidiaries, Air Industries Machining (AIM), Nassau Tool Works (NTW), and Sterling Engineering Company (STE), from two manufacturing facilities totaling over 150,000 square feet in Long Island, New York, and Barkhamsted, Connecticut. Net sales for FY2025 were $47.9 million, and funded backlog stood at $136.8 million as of year-end FY2025, an increase of 16.0% from December 31, 2024. As of March 7, 2026, the company employed 160 people. A pending merger with Tenax Aerospace Acquisition, LLC, if closed, would result in Tenax members owning approximately 95% of outstanding common stock.
Products & Services
Structural assemblies, flight control surfaces, landing gear components for aircraft including the F-18 Hornet (complete landing gear components for multiple variants), F-15 Eagle (landing gear components), and other military and commercial platforms. Also serves maintenance, repair, and overhaul (MRO) and aftermarket demand.
Revenue Model
Transactional contract manufacturing revenue under long-term agreements with the U.S. DoD, Tier 1 primes, and other aerospace customers. Production cycles range from several weeks to over a year per order. Raw materials are procured by AIRI or supplied by customers depending on contract terms.
Customers & Markets
Primary customers include the U.S. Department of Defense and Tier 1 aerospace prime contractors such as Boeing. End markets are military fixed-wing aircraft (new production and MRO) and commercial aviation. The company has operated as a sole or single source supplier on certain programs, particularly legacy aircraft platforms.
Geographic Exposure
All manufacturing operations located within the United States, specifically Long Island, New York, and Barkhamsted, Connecticut (as of the 10-K filed 2026-03-27).
Financial Snapshot
Loading...
