10x Insights
Loading account…
Companies / Industrials / AIR INDUSTRIES GROUP
AIRI

AIR INDUSTRIES GROUP

IndustrialsTransportation Equipment
Ticker AIRIBAY SHORE, NYFiscal year ends DecemberBook value per share $3.77Diluted shares 4.8M

Air Industries Group (NYSE American: AIRI) operates as a leading manufacturer of precision components and assemblies for the aerospace and defense industries. The company's website is located at AirIndustriesGroup.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$47.92M
−13.0% year over year
Last 12 mo $46.72M
-0.71%
−1.5 percentage points
Last 12 mo -1.14%
$-1.30M
+4.5% year over year
Last 12 mo $-1.76M
-6.80%
+2.3 percentage points
Last 12 mo -9.73%
Cash & financing
$-1.35M
−517.3% year over year
Last 12 mo $-3.00M
$-4.67M
−136.4% year over year
Last 12 mo $-4.69M
1.33
Was 1.83× a year earlier
Last 12 mo 1.42
4.2M
+26.4% year over year
Last 12 mo 4.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What AIR INDUSTRIES GROUP does

In the company’s own words

Air Industries Group (NYSE American: AIRI) operates as a leading manufacturer of precision components and assemblies for the aerospace and defense industries. The company's website is located at AirIndustriesGroup.com.

Founded in 1941 to produce parts for World War II fighter aircraft, Air Industries has maintained an impeccable safety record with no known incidents of part failure leading to mission failure resulting in fatality. The company specializes in manufacturing flight-critical components including landing gears, flight controls, engine mounts, and jet engine components for large aerospace and defense prime contractors. Products are used by the U.S. Government, international governments, and commercial global airlines.

Air Industries operates through three legal subsidiaries: Air Industries Machining, Nassau Tool Works, and Sterling Engineering Company. The company maintains two state-of-the-art manufacturing facilities spanning over 150,000 square feet, located in Long Island, New York, and Barkhamsted, Connecticut. All manufacturing operations are strategically conducted within the United States to ensure rigorous quality oversight and mitigate counterfeit parts risks.

The company functions as a Tier One or Tier Two supplier within the aerospace and defense supply chain hierarchy, delivering products directly to prime contractors or providing complex components to other suppliers. Key customers include RTX Corporation, Lockheed Martin, Northrop Grumman, and General Electric Aerospace. Approximately 58.3 percent of 2025 net sales were attributed to military aircraft end-use, with the remainder from commercial aviation and other applications.

Air Industries' products are integral to high-profile platforms including the Pratt & Whitney Geared Turbo-Fan Engine, UH-60 Black Hawk Helicopter, CH-53 Helicopter, E-2D Hawkeye, F-35 Lightning II, F-18 Hornet, and F-15 Eagle Tactical Fighter. These platforms accounted for 79.7 percent of 2025 net sales.

As of March 2026, the company employed 160 people across manufacturing, production, quality control, administration, and sales functions. The company reported net sales of $47.9 million for fiscal 2025 with a funded backlog of $136.8 million and total unfilled contract values of $270.1 million. In February 2026, Air Industries entered into a merger agreement with Tenax Aerospace Acquisition, LLC, which would expand the company's service offerings to include special mission aviation solutions.

Company details
Sector
Industrials
Industry
Transportation Equipment
Headquarters
BAY SHORE, NY
Fiscal year end
December
CIK
1009891
SIC
3728

Financial performance, year by year

Fiscal 2013–2025 · USD
$-32.85M$-1.95M$28.95M$59.84M$90.74M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns AIR INDUSTRIES GROUP — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

17
funds hold it
0 of 35
superinvestors hold it
$0.41M
held by funds, at market
2.8%
of shares held by funds

Largest fund holders · AIR INDUSTRIES GROUP’s weight in each

VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
U.S. SMALL CAP VALUE PORTFOLIO
DFSVX · DFA INVESTMENT DIMENSIONS GROUP INC
0.00%of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do AIR INDUSTRIES GROUP and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of AIR INDUSTRIES GROUP's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in AIR INDUSTRIES GROUP's last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.