tiprankstipranks
Trending News
More News >

Air Industries Group Secures $3.3M US Navy Contracts

Story Highlights
  • Air Industries secured $3.3 million contracts for US Navy aircraft components.
  • Contracts support new production and maintenance, underscoring Air Industries’ role with the Navy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Air Industries Group Secures $3.3M US Navy Contracts

Air Industries Group ( (AIRI) ) has shared an announcement.

On March 11, 2025, Air Industries Group announced securing two contracts worth $3.3 million for landing and arresting gear components for the US Navy E-2D Advanced Hawkeye aircraft. These contracts support both the production of new aircraft and the maintenance, repair, and overhaul of existing aircraft, highlighting Air Industries’ critical role in supporting the US Navy’s operations. The E-2D Advanced Hawkeye, recognized as a top acquisition program by the US Navy, is expected to remain in service into the 2040s, ensuring continued demand for Air Industries’ products.

More about Air Industries Group

Air Industries Group is a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors. Its products include landing gears, flight controls, engine mounts, and components for aircraft jet engines, ground turbines, and other complex machines, used in mission-critical operations essential for the safety of military personnel and civilians.

YTD Price Performance: -9.39%

Average Trading Volume: 54,606

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $12.96M

For a thorough assessment of AIRI stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App