MARKET COMPOSITE
AIRI - Air Industries Group3:39:40 PM 4/19/2024
Price
$5.10
-0.09 (-1.79%)
Air Industries Group, an aerospace and defense company, designs, manufactures, and sells structural parts and assemblies that focus on flight safety. The company operates through two segments, Complex Machining and Turbine Engine Components. The Complex Machining segment offers landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, and other components. Its products are deployed on a range of military and commercial aircraft, including Sikorsky's UH-60 Black Hawk, Lockheed Martin's F-35 Joint Strike Fighter, Northrop Grumman's E2 Hawkeye, Boeing's 777, Airbus' 380 commercial airliners, and the U.S. Navy F-18 and USAF F-16 fighter aircraft. The Turbine Engine Components segment makes components and provides services for jet engines and ground-power turbines. Its jet engines components are used on the USAF F-15 and F-16, the Airbus A-330 and A-380, and the Boeing 777, as well as ground-power turbine applications. Air Industries Group was founded in 1979 and is based in Bay Shore, New York.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue13.5MM+10%
Gross Profit2.1MM+75%
Cost Of Revenue--
Operating Income587K-174%
Operating Expenses1.6MM-23%
Net Income181K-114%
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