Air Industries Group
OverviewSuggest Edit
Air Industries Group is a manufacturer of precision machined components, mechanical assemblies, precision sheet metal assemblies, and electronic enclosures for the aerospace and defense industry. The company focuses on flight-critical applications. Its products include landing gear, arresting gear, flight controls, air-to-air refueling systems, tubes and ducts, aerostructures, flight turbine components, ground power turbine components, and ground support equipment as well as electronic cables, harnesses, and chassis.
| Type | Public | |
| Founded | 1979 | |
| HQ | Bay Shore, NY, US | Map |
| Website | airindustriesgroup.com | |
| Employee Ratings | More |
Recent NewsAll News
- Air Industries Group Announces New $5.2 Million, Long-Term Agreement for the CH-53K Heavy Lift Helicopter
- Air Industries Group Announces Improved Financial Results for the First Quarter Ended March 31, 2019 and Reaffirms Full Year Guidance
- Air Industries Group Announces Major Awards Totaling over $6.6 million in March 2019; Total Bookings of New Business for the Three Months ended March 31, 2019 were approximately $19.9 million, an Increase of 140% over 2018
- Air Industries Group Announces Improved 2018 Financial Results and Guidance for 2019
Key People/Management at Air Industries Group
Lou Melluzzo
Scott Glassman
Gary Settoducato
Peter Rettaliata
Air Industries Group Office Locations
Air Industries Group Financials and Metrics
Air Industries Group Revenue
| USD | |
|---|---|
Revenue (Q2, 2021) | 15.5m |
Gross profit (Q2, 2021) | 2.6m |
Gross profit margin (Q2, 2021), % | 16.8% |
Net income (Q2, 2021) | 239.0k |
EBIT (Q2, 2021) | 440.0k |
Market capitalization (25-Jan-2022) | 26.8m |
Closing stock price (25-Jan-2022) | 0.9 |
Cash (30-Jun-2021) | 515.0k |
EV | 57.0m |
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|
Net Income | (923.0k) | (1.7m) | (1.5m) | 1.1m | (526.0k) | (1.0m) | (152.0k) | 87.0k |
Depreciation and Amortization | 666.0k | 1.5m | 2.1m | 656.0k | 1.3m | 1.9m | 713.0k | 1.4m |
Inventories | 364.0k | (1.1m) | (1.3m) | (1.2m) | (5.2m) | (4.2m) | (75.0k) | 1.9m |
Accounts Payable | (425.0k) | 805.0k | 343.0k | 1.2m | 1.3m | 1.6m | (36.0k) | (894.0k) |
| USD | FY, 2018 |
|---|---|
EV/EBIT | -7.3 x |
EV/CFO | -18.6 x |
Debt/Equity | 2.2 x |
Debt/Assets | 0.5 x |
Financial Leverage | 4.1 x |
P/E Ratio | (1.7) |
Air Industries Group Operating Metrics
| Feb, 2019 | |
|---|---|
Backlog | $92.4 m |
Air Industries Group Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| The Sterling Engineering Corporation | March 10, 2015 | |
| Eur-Pac Corporation | June 05, 2014 | $1.6 m |
| Woodbine | April 02, 2014 | |
| Miller Stuart Inc. | November 07, 2013 | |
| Nassau Tool Works | August 23, 2012 | |
| Air Industries Machining, Corp. | ||
| Air Realty Group, LLC | ||
| Nassau Tool Works, Inc. | ||
| The Sterling Engineering Corporation |
Air Industries Group Revenue Breakdown
Air Industries Group revenue breakdown by business segment: 10.9% from Turbine Engine Components and 89.1% from Complex Machining
Air Industries Group Cybersecurity Score
Competitors
Air Industries Group Online and Social Media Presence
Air Industries Group's Trends
Air Industries Group News and Updates
Air Industries Group Announces New $5.2 Million, Long-Term Agreement for the CH-53K Heavy Lift Helicopter
Air Industries Group Announces Improved Financial Results for the First Quarter Ended March 31, 2019 and Reaffirms Full Year Guidance
Air Industries Group Announces Major Awards Totaling over $6.6 million in March 2019; Total Bookings of New Business for the Three Months ended March 31, 2019 were approximately $19.9 million, an Increase of 140% over 2018
Air Industries Group Announces Improved 2018 Financial Results and Guidance for 2019
Air Industries Group Announces Major Awards Totaling Nearly $13 Million
Air Industries Group Blogs
Air Industries Group Announces Improved 2018 Financial Results and Guidance for 2019
Air Industries Group (the “Company” or “Air Industries”) Announces Termination of the Sale of Welding Metallurgy Inc., to CPI Aerostructures
Air Industries Group Frequently Asked Questions
When was Air Industries Group founded?
Air Industries Group was founded in 1979.
Who are Air Industries Group key executives?
Air Industries Group's key executives are Lou Melluzzo, Scott Glassman and Gary Settoducato.
How many employees does Air Industries Group have?
Air Industries Group has 151 employees.
What is Air Industries Group revenue?
Latest Air Industries Group annual revenue is $50.1 m.
What is Air Industries Group revenue per employee?
Latest Air Industries Group revenue per employee is $331.8 k.
Who are Air Industries Group competitors?
Competitors of Air Industries Group include Hudson Technologies, Spirit AeroSystems and CPI Aero.
Where is Air Industries Group headquarters?
Air Industries Group headquarters is located at 1460 5th Ave, Bay Shore.
Where are Air Industries Group offices?
Air Industries Group has an office in Bay Shore.
How many offices does Air Industries Group have?
Air Industries Group has 1 office.
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