XASE
AIRI
Market cap12mUSD
Oct 08, Last price
2.60USD
1D
-0.38%
1Q
-10.03%
Jan 2017
-91.75%
IPO
-82.06%
Name
Air Industries Group
Chart & performance
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Profile
Air Industries Group operates as an aerospace and defense enterprise, concentrating on the development, fabrication, and sale of crucial structural components and assemblies for essential aerospace and defense uses. The company also serves as a prime contractor to the United States Department of Defense. Its business is organized into two primary divisions: Complex Machining, and Turbine and Engine Component. The Complex Machining segment is responsible for producing critical aircraft parts, including landing and arresting gears, engine mounting structures, flight control mechanisms, and throttle quadrants. These products are integrated into a diverse fleet of military and commercial aircraft, such as Sikorsky's UH-60 Blackhawk, the Lockheed Martin F-35 Joint Strike Fighter, Northrop Grumman E2D Hawkeye, the U.S. Navy's F-18, and the U.S. Air Force's F-15 and F-16 fighter jets. The Turbine and Engine Component segment specializes in manufacturing components and providing related services for both aircraft jet engines and ground-power turbines. This segment's jet engine parts are utilized in aircraft like the USAF F-15 and F-16, the Airbus A-330, and the Boeing 777, alongside various ground-power turbine applications. Original equipment manufacturers (OEMs) incorporate Air Industries Group's offerings into the creation of a broad spectrum of complex aerospace and defense products, encompassing fixed-wing aircraft, helicopters, and jet turbine engines. Established in 1979, Air Industries Group is headquartered in Bay Shore, New York.
Key people
Luciano M. Melluzzo
President, Chief Executive Officer · since 2017
Michael E. Recca
Chief Financial Officer · since 2016
Michael Brand
Director · since 2017
Director · since 2008
Chairman of the Board · since 2008
David J. Buonanno
Independent Director · since 2008
Michael D. Porcelain
Independent Director · since 2017
Peter D. Rettaliata
Independent Director · since 2017
Robert C. Schroeder
Independent Director · since 2008
Legal address
C/O Corporation Service Company
251 Little Falls Drive
Wilmington, DE 19808
US
251 Little Falls Drive
Wilmington, DE 19808
US
Headquarters
360 Motor Parkway
Suite 100
Hauppauge, NY 11788
US
Suite 100
Hauppauge, NY 11788
US
Previous name
Gales Industries Incorporated
Valuation
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