Craft

Air Industries Group

Stock Price

$4.6

2024-05-20

Market Capitalization

$15.2 M

2024-05-20

Revenue

$51.5 M

FY, 2023

Air Industries Group Summary

Company Summary

Overview
Air Industries Group is a manufacturer of sub-assemblies for the aerospace and defense industry. It operates through two segments: Complex Machining and Turbine Engine. The Complex Machining segment manufactures structural parts and assemblies that focus on flight safety, including landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, and other products. The Turbine Engine segment makes components and provides services for jet engines, rotary wing aircraft, and ground-power turbines.
Type
Public
Status
Active
Founded
1941
HQ
Bay Shore, NY, US | view all locations
Website
https://airindustriesgroup.com/
Cybersecurity rating
Sectors

Key People

  • Luciano Melluzzo

    Luciano Melluzzo, President and Chief Executive Officer

  • Scott Glassman

    Scott Glassman, Chief Financial Officer, Principal Accounting Officer and Secretary

  • Michael Biancospino

    Michael Biancospino, President and General Manager, Air Industries Machining Corporation and Nassau Tool Works

  • Gary Settoducato

    Gary Settoducato, Vice President of Business Development

Operating MetricsView all

Facility Space Owned, sq. ft.

74.9K

FY, 2023

Facility Space, acres

5.4

FY, 2022

Backlog

$98.3M
60.9%

FY, 2023

LocationsView all

2 locations detected

  • Bay Shore, NY HQ

    United States

    1460 Fifth Avenue

  • Bay Shore, NY

    United States

    1479 N. Clinton Ave

Air Industries Group Financials

Summary Financials

Revenue (Q1, 2024)
$14.1M
Gross profit (Q1, 2024)
$1.9M
Net income (Q1, 2024)
($706.0K)
Cash (Q1, 2024)
$225.0K
EBIT (Q1, 2024)
($259.0K)
Enterprise value
$35.0M

Footer menu