Harbin Aircraft Industry Group

Air Industries Group Subsidiary Sterling Engineering Corp Receives Contracts for $3.0 Million for Turbine Engine and Helicopter Components

Retrieved on: 
Monday, February 27, 2023

Mr. Lou Melluzzo, CEO of Air Industries, commented: “Our Sterling Engineering subsidiary has received a new contract from a long-established customer.

Key Points: 
  • Mr. Lou Melluzzo, CEO of Air Industries, commented: “Our Sterling Engineering subsidiary has received a new contract from a long-established customer.
  • The component is a Support Nozzle used in high pressure turbine engines for onboard electric power generation on large ships.
  • “Our Connecticut operation is starting to see a resurgence of activity for both turbine engine work and rotorcraft components.
  • “Earlier this month our Sterling subsidiary also received an important order for a flight critical component for the CH-53K.

Air Industries Group Wins Long-Term Agreement for Components for Blackhawk Helicopters

Retrieved on: 
Wednesday, October 26, 2022

Air Industries has been awarded a five-year Long-Term Agreement (LTA) to manufacture a quadrant, a complex assembly that controls the gearbox for the tail-rotor of the Blackhawk Helicopter.

Key Points: 
  • Air Industries has been awarded a five-year Long-Term Agreement (LTA) to manufacture a quadrant, a complex assembly that controls the gearbox for the tail-rotor of the Blackhawk Helicopter.
  • Mr. Lou Melluzzo, CEO of Air Industries, commented: Air Industries is proud of our support of the Blackhawk Helicopter for many, many years.
  • Since January we have received twelve new Long-Term Agreements for Blackhawk product with an estimated value of over $30 million.
  • Air Industries Group (NYSE American: AIRI) is an integrated manufacturer of precision assemblies and components for leading aerospace and defense prime contractors and original equipment manufacturers.

Air Industries Group Wins Long-Term Agreement for Flight- Critical Components for Blackhawk Helicopters and Order from General Electric for Jet Engine Components, With a Combined Value of $5.0 Million

Retrieved on: 
Thursday, September 15, 2022

The Companys Air Industries Machining Corp. (AIM) subsidiary has been awarded a five-year Long-Term Agreement (LTA) to manufacture flight-critical assemblies for the Blackhawk helicopter, with an estimated value of $2.2 million.

Key Points: 
  • The Companys Air Industries Machining Corp. (AIM) subsidiary has been awarded a five-year Long-Term Agreement (LTA) to manufacture flight-critical assemblies for the Blackhawk helicopter, with an estimated value of $2.2 million.
  • The new LTA extends until December 31, 2027, replacing an existing LTA expiring at 2022 year-end.
  • Air Industries also said its Sterling Engineering subsidiary has received a new order worth $2.8 million for engine components to be used on the F404 jet engine.
  • These contracts from long-established customers clearly demonstrate the strength of Air Industries existing relationships, which are the foundation of our business.

Air Industries Group Wins Two Long-Term Agreements for Flight Critical Components for Blackhawk Helicopters With Combined Value of $8.3 Million

Retrieved on: 
Thursday, April 28, 2022

The estimated value of the two LTAs will total approximately $8.3 million over their five-year terms.

Key Points: 
  • The estimated value of the two LTAs will total approximately $8.3 million over their five-year terms.
  • Together with the orders that were previously announced on January 19th, and on February 2nd this represents an estimated $28.9 million in components for Blackhawk helicopters over the life of the agreements.
  • We are pleased to continue to expand our support of one of our major military aircraft platforms.
  • Air Industries Group (NYSE American: AIRI) is an integrated manufacturer of precision assemblies and components for leading aerospace and defense prime contractors and original equipment manufacturers.

Air Industries Group Wins Long-Term Agreement for Flight Critical Components for Blackhawk Helicopters with Estimated Value of $2.4 Million

Retrieved on: 
Wednesday, February 2, 2022

Mr. Lou Melluzzo, CEO of Air Industries, commented: For over 20 years, Air Industries has manufactured products whose flawless operation is critical for flight safety of the Blackhawk helicopter.

Key Points: 
  • Mr. Lou Melluzzo, CEO of Air Industries, commented: For over 20 years, Air Industries has manufactured products whose flawless operation is critical for flight safety of the Blackhawk helicopter.
  • On January 19th we announced two new LTAs for Blackhawk products with an estimated value of $18.2 million.
  • This is the third long-term agreement bringing the estimated combined value to more than $20 million.
  • Air Industries Group (NYSE American: AIRI) is an integrated manufacturer of precision assemblies and components for leading aerospace and defense prime contractors and original equipment manufacturers.

Air Industries Group Wins Two Long-Term Agreements for Flight Critical Components for Blackhawk Helicopters with Combined Value of $18.2 Million

Retrieved on: 
Wednesday, January 19, 2022

The agreements include a five-year LTA to manufacture the primary flight control assembly for the Blackhawk helicopter, with an estimated life-of-the-contract value of $9.9 million.

Key Points: 
  • The agreements include a five-year LTA to manufacture the primary flight control assembly for the Blackhawk helicopter, with an estimated life-of-the-contract value of $9.9 million.
  • The second five-year LTA, to produce a flight critical component for the same aircraft, has an estimated life-of-the-contract value of $8.3 million.
  • Mr. Lou Melluzzo, CEO of Air Industries, commented: We are gratified to have won these two agreements to manufacture products whose flawless operation is critical for flight safety.
  • We are proud to say that both components have been manufactured by Air Industries for more than 20 years.

Air Industries Group Announces New $5.2 Million, Long-Term Agreement for the CH-53K Heavy Lift Helicopter

Retrieved on: 
Thursday, October 14, 2021

Air Industries Group (NYSE AMEX: AIRI):

Key Points: 
  • Air Industries Group (NYSE AMEX: AIRI):
    Air Industries Group (Air Industries or the Company), an integrated manufacturer of precision assemblies and components for leading aerospace and defense prime contractors, is pleased to announce that its Sterling Engineering subsidiary has been awarded a new Long-Term Agreement (LTA) to deliver Chaff Pods for the new CH-53K heavy lift helicopter.
  • This contract award is an important success for Air Industries and for our Sterling Engineering subsidiary.
  • The CH-53K is a sea-based, long range, heavy-lift helicopter providing three times the lift capability of its predecessor and exceeding all other DOD rotary wing-platforms.
  • Air Industries Group (AIRI) is an integrated manufacturer of precision equipment assemblies and components for leading aerospace and defense prime contractors.