Latest Air Industries Group Inc. Stories

2008-09-12 09:00:51

Air Industries Group, Inc. (OTCBB: AIRI) today announced that its Air Industries Machining ("AIM") subsidiary has won new contracts valued at over $2,250,000. The contracts were received at the end of August 2008 from a single customer pertaining to replacement helicopter parts and assemblies. The contract announced today is incremental to the firm 18-month backlog of approximately $55 million reported by the Company for its AIM subsidiary as of August 15, 2008 - the highest level in its...

2007-11-19 12:00:53

Air Industries Group, Inc. (OTCBB:AIRI) today announced that it will acquire all of the outstanding shares of Blair Industries, Inc., Blair Accumulators, Inc., H.S.M. Machine Works, Inc. of New York, and H.S.M. Machine Works, Inc. of North Carolina (collectively, "Blair-HSM"). With a forty year history, Blair-HSM designs and manufactures fully dressed landing gear and other structural and hydraulic components primarily for commercial and military aircraft, and is comprised of sister...

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