tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Air Industries Group Secures $4M F-35 Contract

Air Industries Group Secures $4M F-35 Contract

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Air Industries Group ( (AIRI) ) has issued an update.

Air Industries Group has secured a $4.0 million follow-on contract for producing arresting gear components used in the F-35 Lightning II aircraft, reinforcing its role as a key supplier in the aerospace and defense sector. The contract, initiated by a European partner nation, is set to commence production in early 2025 and finish by the year’s end, highlighting Air Industries’ strategic push to expand international sales and support global defense initiatives.

Find detailed analytics on AIRI stock on 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
1