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The latest update is out from Air Industries Group (AIRI).
Air Industries Group has announced a landmark $110 million contract to produce thrust struts for GTF Aircraft Engine Components, ballooning its backlog to over $280 million. This 7-year deal, starting January 2025, is a significant expansion from a prior arrangement, solidifying Air Industries as the exclusive supplier of these components since 2015 and ensuring its commitment through 2031.
For detailed information about AIRI stock, go to TipRanks’ Stock Analysis page.