About Air Industries Group

Air Industries Group operates as a manufacturer of complex machined parts and assemblies for the Aerospace and Defense (A&D) market. The company's products are used by original equipment manufacturers (OEM) in the manufacture of fixed wing aircraft, helicopters jet turbine engines, and other complex sophisticated A&D products. The company also manufactures parts for the ground power turbine industry and is in discussions to manufacture products for submarines. The company is a holding company with three legal subsidiaries, Air Industries Machining (AIM) Nassau Tool Works (NTW), and Sterling Engineering Company (SEC). The company offers flight critical components, including flight controls and landing gear. The company focuses on manufacturing components for jet engines. The company is generally either a tier one manufacturer supplying product directly to an OEM, or a tier two manufacturer supplying product to a tier one supplier, which delivers to an OEM. The company manufactures the entire landing gear, assembling over 200 individual parts, most manufactured internally, others sub-contracted or purchased into a complete landing gear delivered directly to an OEM, ready to be installed on an aircraft. The company is predominately a supplier of military aviation product. The company's OEM customers in the defense sector include: Raytheon Technologies Corporation: The company supplies products for several units of Raytheon Technologies Corporation, including: Goodrich Landing Systems - The company manufactures landing gear components for the Northrop Grumman E2-D Hawkeye, airborne warning and control aircraft deployed with the U.S. Navy and several foreign governments, the Lockheed F-35 Lightning II Joint Strike multi-role fighter aircraft used by all branches of the U.S. military and multiple foreign militaries and for the F-15 Eagle fighter aircraft. Pratt & Whitney - The company manufactures jet turbine engine components for several military and commercial jet engines. Lockheed Martin Corporation: The company supplies products for the Sikorsky Aircraft unit of Lockheed primarily for the UH-60 BlackHawk multi-purpose helicopter used by the U.S. and many foreign militaries. General Electric Corporation: The company supplies products used in General Electric jet turbine aircraft engines used by several military aircraft platforms. The US Department of Defense: The company supplies landing gear product for the U.S. Navy F-18 fighter aircraft directly to the Defense Department. Northrop Grumman Corporation: The company supplies product used on the E2-D Hawkeye, airborne warning and control aircraft. The balance of the company's business is in commercial aviation and to a minor degree in ground power electricity generation. The company's OEM customers in the commercial sector include: Rohr Inc. (a wholly owned subsidiary of Raytheon Technologies Corporation): The company manufactures a component used in several versions of the Pratt & Whitney new geared turbine fan commercial jet turbine engine. General Electric Corporation: The company supplies products used in General Electric jet turbine aircraft engines used by several commercial aircraft platforms and ground power electricity generation. The company's business is concentrated on five aircraft platforms. UH-60 BlackHawk: The company has manufactured many components and assemblies for the BlackHawk and its many variants for more than 20 years. It is the primary helicopter used by the U.S. Army and other branches of the U.S. military. The BlackHawk is also used by many foreign countries and militaries. Over 4,000 aircraft have been produced with many, perhaps as many as 3,000, remaining in use and generating significant after-market demand. F-35 Lightning II: The F-35 Lightning also known as the Joint Strike Fighter is a new aircraft that will in coming years replace the U.S. Air Force F-15 and the U.S. Navy and Marine Corps F-18 fighters. Eight other nations have participated in the development of the aircraft and will be users of the aircraft, as will other international militaries. There are three variants of the aircraft, conventional take-off and landing F-35A, short take-off and vertical landing F-35B and a carrier based variant F-35C. The aircraft entered service with the U.S. Marine Corps in 2015 and approximately 2,300 are expected to be produced. F-18 Hornet: The F-18 Hornet is the primary fighter aircraft for the U.S. Navy operating primarily from aircraft carriers. The F-18 is also in service internationally, notably Finland and Australia. The company manufactures complete landing gear and landing gear components for the many variants of the aircraft. Northrop Grumman E2-D Advanced Hawkeye: The ED-D Hawkeye is a U.S. Navy carrier-based aircraft used to provide airborne warning and control for carrier-based air operations. The aircraft's role is to maintain control of the airspace surrounding an aircraft carrier for protection of the vessel and aircraft in operation. The 'D' version, the most current of the E2 remains in production. The aircraft is also used by seven foreign militaries notably Japan. Pratt & Whitney Geared Turbo-Fan: The P&W Geared Turbo-Fan (GTF) is a next generation jet turbine engine used in commercial aviation. The GTF engine is widely acknowledged to deliver improved fuel economy and a lower noise footprint than existing jet engines. There are several versions of the GTF. The company produces a component for the smaller versions of the engine used on the popular A-220 and Embraer narrow body aircraft. Market Many if not most of the large Prime contractors and OEMs are the company's direct Tier One customers, and the company also supplies product as a Tier two supplier to many of their Tier one suppliers. The company also sells directly to the U.S. Department of Defense (DOD). The company's products are incorporated into many aircraft platforms, the majority of which remain in production. The company targets products that are flight critical, whose flawless operation is essential to the safe operation of the aircraft. For many of the company's products it is the sole or single source of product for its customers. Competition Among the company's competitors are Monitor Aerospace, a division of Stellex Aerospace; Hydromil, a division of Triumph Aerospace Group; Heroux Aerospace; and Ellanef Manufacturing, a division of Magellan Corporation. Regulations The company is subject to regulations administered by the United States Environmental Protection Agency, the Occupational Safety and Health Administration, various state agencies, and county and local authorities acting in cooperation with federal and state authorities. New York and Connecticut, the states where the company's production facilities are located, also have stringent laws and regulations governing the handling, storage and disposal of hazardous substances, counterparts of the Comprehensive Environmental Response, Compensation and Liability Act of 1980 and the Resource Conservation and Recovery Act of 1976. The company is subject to regulation by the Federal Aviation Administration (FAA) under the provisions of the Federal Aviation Act of 1958, as amended. The company's government contracts and those of many of its customers are subject to the procurement rules and regulations of the United States government, including the Federal Acquisition Regulations. History Air Industries Group, a Nevada corporation, was founded in 1979.