Stock events for Air Industries Group (AIRI)
Air Industries Group's stock price has been impacted by several events, including a surge after securing a $5.4 million contract for B-52 landing gear components, a fall following the release of Q2 2025 earnings, and announcements of securing two aerospace defense contracts totaling approximately $6.9 million. The company reported solid financial results for the three and nine months ended September 30, 2025, highlighting improved performance in an earnings call transcript for Q3 2025. Air Industries Group amended its loan agreement with Webster Bank, extending its maturity. The company secured an $11 million contract to provide landing gear assemblies and reported preliminary fiscal 2024 results, showcasing record bookings and backlog.
Demand Seasonality affecting Air Industries Group’s stock price
Demand for Air Industries Group's products and services does not appear to be explicitly seasonal but is characterized by consistent, long-term drivers, benefiting from strong backlog levels and healthy demand. The increasing global socio-political unrest and the rise in commercial air traffic contribute to a growing demand for both commercial and fighter jets, which in turn increases the need for maintenance, repair, and overhaul (MRO) services.
Overview of Air Industries Group’s business
Air Industries Group (AIRI) is an integrated Tier 1 manufacturer specializing in precision components and assemblies for mission-critical aerospace and defense applications, operating within the Industrials sector, specifically in the Aerospace & Defense industry. The company produces a wide range of products vital for flight safety and performance, serving as a prime contractor to the U.S. Department of Defense and a Tier 1 supplier to major OEMs.
AIRI’s Geographic footprint
Air Industries Group is headquartered in Bay Shore, New York, with operational 'Centers of Excellence' in Long Island, New York, and Hartford, Connecticut, benefiting from proximity to major OEM customers, a skilled labor pool, and supporting local suppliers.
AIRI Corporate Image Assessment
Air Industries Group maintains a strong brand reputation as a trusted partner to the aerospace and defense industry, highly regarded for its expertise in manufacturing parts and assemblies vital for flight safety and performance.
Ownership
Air Industries Group's ownership includes a mix of institutional and individual shareholders, with insider ownership at approximately 20.68%. The Taglich family holds a substantial combined stake, exceeding 15% of the company. Institutional ownership accounts for roughly 42.68% of the stock, held by 34 institutional owners.
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$3.22