2.82
+0.71%
Close of 9 Nov 2026, in USD
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About Air Industries Group
From its filings with the US Securities and Exchange Commission
Air Industries Group is based in Bay Shore, New York and is incorporated in Nevada. Its shares trade on NYSE under the ticker AIRI. The SEC classifies its business as aircraft parts & auxiliary equipment, nec. In the fiscal year to 31 December 2025, it reported revenue of $47.9m and a net loss of $1.3m. At that date it held total assets of $58.3m and shareholders' equity of $19.2m.
Original Equipment Manufacturer (“OEM”). A prime contractor designs, develops and produces the final product for the end-user.
RTX Corporation (“RTX”) – a multinational aerospace and defense conglomerate and a major player in the aerospace and defense industry. We sell to several business units and/or subsidiaries of RTX, including Collins Aerospace (which includes Collins Landing Systems and Collins Aerostructures) and Pratt Whitney. RTX was formerly known as Raytheon Technologies Corporation and prior to that United Technologies Corporation.
Lockheed Martin Corporation (“Lockheed Martin”) – Lockheed Martin is a leading global security and aerospace company with its principal customers being agencies of the U.S. Government. We sell directly to one of its subsidiaries, Sikorsky Aircraft Corporation (“Sikorsky”).
Northrop Grumman (“Northrop”) – We supply product used on the E2-D Hawkeye, airborne warning and control aircraft.
General Electric Aerospace (“GE”) – We supply GE Aerospace with high precision components that are used in jet turbine aircraft engines that are used on several commercial aircraft platforms.
Quoted from its 10-K, filed 27 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Listed since
- 5 Oct 2000
- Employees
- 159
- Website
- airindustriesgroup.com ↗
- Head office
- 1460 FIFTH AVENUE, BAY SHORE, NY, 11706
- Incorporated in
- NV
- Classification
- Aircraft Parts & Auxiliary Equipment, NEC
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Peter RettaliataIndependent Chairman of the Board, since 2005$111,402
- Mr. Luciano MelluzzoPresident, Chief Executive Officer$1.0m
- Mr. Scott GlassmanChief Financial Officer, Principal Accounting Officer, Secretary$595,594
- Mr. Michael TaglichDirector, since 2008$66,434
- Mr. Robert TaglichDirector$66,434
- Mr. Michael BrandIndependent Director, since 2012$53,550
- Mr. David BuonannoIndependent Director$53,550
- Mr. Michael PorcelainIndependent Director$73,273
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Air Industries Group manufactures landing gear and engine mounts for flight safety in aerospace sector.
- Complex Machining segment includes Air Industries Machining and Nassau Tool Works for precision parts.
- Turbine Engine Components segment features AMK Welding and Sterling Engineering for jet engine parts.
Weaknesses
- 159 employees limit scalability in aerospace manufacturing industry.
- Headquarters in Bay Shore, New York restricts access to major aerospace hubs.
- IPO date of 5 October 2000 indicates limited recent market expansion.
Opportunities
- Aerostructures and Electronics segment includes Woodbine Products and Miller Stuart for growth in defense contracts.
- Expanding Complex Machining segment with Air Industries Machining and Nassau Tool Works could increase market share.
- Turbine Engine Components segment with AMK Welding and Sterling Engineering can target new jet engine markets.
Threats
- Aerospace & Defense sector faces increasing regulatory challenges globally.
- Competition from larger aerospace firms in the US market threatens market share.
- Complex Machining segment's reliance on Air Industries Machining and Nassau Tool Works creates vulnerability.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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