Precision Castparts Corp.

Air Industries Group Receives Order of $2.4 Million for Landing Gear Used on the E-2C Hawkeye

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星期二, 五月 21, 2024
Defense, Other Manufacturing, Contracts, Engineering, Air, Aerospace, Transport, Manufacturing, Precision Castparts Corp., Northrop Grumman E-2 Hawkeye

Air Industries Group (“Air”) (NYSE American: AIRI), a leading manufacturer of precision assemblies and components for large aerospace and defense prime contractors, today announced it has received a $2.4 million order for spare landing gear assemblies to be used on the E-2C Hawkeye.

Key Points: 
  • Air Industries Group (“Air”) (NYSE American: AIRI), a leading manufacturer of precision assemblies and components for large aerospace and defense prime contractors, today announced it has received a $2.4 million order for spare landing gear assemblies to be used on the E-2C Hawkeye.
  • Mr. Lou Melluzzo, CEO of Air Industries, commented: “This award underscores the significance of our capabilities in providing aftermarket support, and fostering relationships with our valued customers.
  • The E-2C/D Hawkeye program represents just one among Air’s product lines deployed in mission-critical operations.”
    Deliveries for these landing gear are expected to occur in 2026 through 2027.
  • Air Industries supports the E-2C/D Hawkeye program by providing the main and nose landing gear, as well as the arresting gear.

Air Industries Group Receives Orders of $8.2 Million for Components Used on UH-60 Black Hawk and H-92 Helicopters

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星期四, 五月 16, 2024
Other Defense, Contracts, Defense, Other Manufacturing, Other Transport, Steel, Engineering, Air, Transport, Aerospace, Manufacturing, Military, Sikorsky, Precision Castparts Corp., H-92, Sikorsky UH-60 Black Hawk, S-92

Air Industries Group (“Air Industries”) (NYSE American: AIRI), a leading manufacturer of precision assemblies and components for large aerospace and defense prime contractors, today announced it has received orders, from two customers, aggregating $8.2 million, for components used on UH-60 Black Hawk and H-92 Super Hawk helicopters.

Key Points: 
  • Air Industries Group (“Air Industries”) (NYSE American: AIRI), a leading manufacturer of precision assemblies and components for large aerospace and defense prime contractors, today announced it has received orders, from two customers, aggregating $8.2 million, for components used on UH-60 Black Hawk and H-92 Super Hawk helicopters.
  • Air Industries supports the UH-60 Black Hawk helicopter platform by providing flight critical components, such as the primary flight control assembly and the main transmission beam.
  • Serving as the primary helicopter for the U.S. Army, the UH-60 Black Hawk helicopter fulfills essential roles in transport, troop movement, medical evacuation and cargo lift operations.
  • The H-92 is a multi-mission, military derivative of the S-92 commercial helicopter, making it a larger alternative to the UH-60 Black Hawk.

Howmet Aerospace Announces Leadership Appointment

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星期一, 三月 25, 2024
Other Transport, Other Defense, Trucking, Contracts, Air, Engineering, Transport, Aerospace, Manufacturing, Defense, Centra, John Plant, University, Mathematics, Quality, HWM, Precision Castparts Corp., Howmet Aerospace, Aerostructure, Region, PCC, Management

Effective April 8, 2024, Johan (John) Wall will join Howmet Aerospace (NYSE:HWM) as President, Engineered Structures.

Key Points: 
  • Effective April 8, 2024, Johan (John) Wall will join Howmet Aerospace (NYSE:HWM) as President, Engineered Structures.
  • In this role, John will have responsibility for all Engineered Structures employees and locations globally.
  • John will be based in Cleveland, OH, and will report directly to John Plant, Executive Chairman and Chief Executive Officer.
  • During his 17-year tenure with PCC, John held roles of progressive accountability including Regional Vice President of PCC Aerostructures, General Manager – Aerospace Dynamics International, General Manager – Centra Industries, Director of Sales – Centra Industries, and Director of Quality – Centra Industries.

Air Industries Group Receives Two Strategically Important New Contracts from New Customers

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星期二, 一月 23, 2024
Aerospace, Manufacturing, Other Transport, Air, Transport, Other Manufacturing, Other Defense, Steel, Defense, Contracts, Engineering, OEM, Sikorsky, Precision Castparts Corp., 3D printing

Air Industries has received an initial order for structural engine nacelle components for the new CH-53K Heavy Lift Helicopter.

Key Points: 
  • Air Industries has received an initial order for structural engine nacelle components for the new CH-53K Heavy Lift Helicopter.
  • Separately, Air Industries has received an order from a major landing gear manufacturer for actuator subassemblies on a developmental aircraft.
  • Mr. Lou Melluzzo, CEO of Air Industries, commented: “These awards are very satisfying and result from our increased investment and efforts in business development.
  • It is a tribute to Air Industries that this World Class OEM has placed its trust in us.

Air Industries Group Subsidiary Sterling Engineering Corporation Receives $3.2M in New Contracts

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星期三, 一月 3, 2024
Aerospace, Manufacturing, Other Transport, Air, Transport, Other Manufacturing, Other Defense, Steel, Defense, Contracts, Engineering, Precision Castparts Corp., Lockheed, Sterling, Lockheed Martin

Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced that its Sterling Engineering Corporation (Sterling) subsidiary has received two contracts totaling approximately $3.2 million.

Key Points: 
  • Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced that its Sterling Engineering Corporation (Sterling) subsidiary has received two contracts totaling approximately $3.2 million.
  • Sterling Engineering has been awarded two contracts for engine components used in the F-135 jet engine that powers the Lockheed Martin F-35 Lightning II.
  • Mr. Lou Melluzzo, CEO of Air Industries, commented: “These awards continue what has been a very strong increase in business at Sterling Engineering.
  • The increase in backlog, together with these new contracts confirm Sterling’s ability to increase its revenue and return to profitability.”

Air Industries Group Announces CFO Transition

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星期四, 十月 19, 2023
Aerospace, Manufacturing, Other Transport, Air, Transport, Other Manufacturing, Other Defense, Steel, Defense, Contracts, Engineering, CFO, State University of New York Maritime College, Precision Castparts Corp., NYSE, Bloomberg Industry Group, State university system, CPA, Management

Air Industries Group (NYSE American: AIRI) today announced the promotion of Scott Glassman to Chief Financial Officer, Principal Accounting Officer and Secretary of the Company and its subsidiaries.

Key Points: 
  • Air Industries Group (NYSE American: AIRI) today announced the promotion of Scott Glassman to Chief Financial Officer, Principal Accounting Officer and Secretary of the Company and its subsidiaries.
  • Mr. Recca will remain with Air Industries focusing on special projects related to the Company’s growth plans in the aerospace sector, while also working with Mr. Glassman to ensure a seamless transition of CFO responsibilities.
  • Mr. Lou Melluzzo, CEO of Air Industries, commented: “I speak for the whole Air Industries family in saying that we are very pleased to have Scott Glassman become our new CFO; he has earned the promotion in spades.
  • A good CFO is a CEO’s right hand and I personally can’t be thankful enough for the dedication of both Scott and Mike to the whole Air Industries family.

Air Industries Group Adds Important Arresting Gear Welding Capability to Support U.S. Navy E-2D Aircraft Program

Retrieved on: 
星期五, 九月 8, 2023
Aerospace, Manufacturing, Other Transport, Air, Transport, Other Manufacturing, Other Defense, Steel, Defense, Contracts, Engineering, United States Navy, Partnership, Multimedia, Chengdu Aircraft Industry Group, E-2D, OEM, Precision Castparts Corp., NYSE, Welding, Atmosphere of Earth

The Company noted that this machinery is the only equipment currently certified to weld the arresting gear.

Key Points: 
  • The Company noted that this machinery is the only equipment currently certified to weld the arresting gear.
  • View the full release here: https://www.businesswire.com/news/home/20230908950070/en/
    The equipment is being installed at Air Industries’ Sterling Engineering facility in Connecticut.
  • Mr. Lou Melluzzo, CEO of Air Industries, commented: “With the addition of the arresting gear welding equipment, Air Industries will become the sole provider in our industry of a mission-critical welding process for the E-2D platform.
  • For many years, our Company has supplied landing gear, arresting gear, hooks, and other products for this platform.

Arconic Names Chris Ayers CEO and Chairman of the Board

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星期五, 八月 25, 2023
Machine Tools, Metalworking & Metallurgy, Packaging, Architecture, Manufacturing, Construction & Property, Steel, Pratt & Whitney, ARNC, Pratt, Alcoa, Precision Castparts Corp., Forging, PCC, Apollo, Corporation, United Technologies, WireCo WorldGroup, NYSE, Management, Arconic

Arconic Corporation (NYSE:ARNC) (“Arconic” or the “Company”) announced today that Chris Ayers will become Chief Executive Officer and Chair of the Board of Arconic, effective September 11, 2023.

Key Points: 
  • Arconic Corporation (NYSE:ARNC) (“Arconic” or the “Company”) announced today that Chris Ayers will become Chief Executive Officer and Chair of the Board of Arconic, effective September 11, 2023.
  • Ayers has served on Arconic’s Board of Directors for the past seven years and held several executive positions in key businesses within the Company’s predecessor, Alcoa, prior to his board role.
  • Current Arconic CEO Tim Myers will continue to serve in an advisory capacity as Arconic’s Lead Outside Director of the Board.
  • Prior to serving on Arconic’s Board of Directors, Ayers was President and Chief Executive Officer of WireCo WorldGroup, Inc., from 2013 through 2017.

Air Industries Group Announces the Appointment of Peter Rettaliata as Chairman of the Board

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星期三, 七月 12, 2023
Engineering, Defense, Aerospace, Manufacturing, Other Manufacturing, Other Defense, Contracts, U.S. Department of Commerce Office of Security, John Rettaliata, PMD, U.S. Department of Defense Strategy for Operating in Cyberspace, China South Industries Group, Aerospace Industries Association, Niagara University, NYSE, Executive Committee, Harvard Business School, Growth, Central Executive Committee of the Pakistan Peoples Party, Precision Castparts Corp., AIA, Grumman, Management, History

As Chairman, he succeeds Michael Taglich, who will remain on the Board of Directors.

Key Points: 
  • As Chairman, he succeeds Michael Taglich, who will remain on the Board of Directors.
  • Mr. Rettaliata is currently a director of Air Industries and was formerly the Company’s Chief Executive Officer.
  • He has spent 50 years in the aerospace industry and has served as an executive and director of Air Industries for nearly three decades.
  • Prior to joining Air Industries, Mr. Rettaliata was a senior executive of the Grumman Aerospace Corporation for 22 years.

Air Industries Group Receives Two Contracts Totaling $5.2 Million for US Navy E-2D Aircraft and F-35 Joint Strike Fighter Components

Retrieved on: 
星期二, 七月 11, 2023
Defense, Military, Contracts, Engineering, Air, Aerospace, Transport, Manufacturing, United States Navy, CV, U.S. Department of Defense Strategy for Operating in Cyberspace, F-35, Chengdu Aircraft Industry Group, Lockheed Martin F-35 Lightning II, E-2D, Precision Castparts Corp., NYSE, Safety, Aircraft, Arms industry

The first order is valued at $2.0 million for E-2D arresting gear components.

Key Points: 
  • The first order is valued at $2.0 million for E-2D arresting gear components.
  • The order originates from a long-time customer of Air Industries Group, which has manufactured these flight safety components for many years.
  • The second order is valued at $3.2 million for F-35 arresting gear components for the CV and CTOL versions of the aircraft.
  • Mr. Lou Melluzzo, CEO of Air Industries, commented: “We are very pleased to have received two sizeable orders for mission-critical components.