Air Industries Group (AIRI) Announces New $5.2 Million, Long-Term Agreement for the CH-53K Heavy Lift Helicopter
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Air Industries Group Announces New $5.2 Million, Long-Term Agreement for the CH-53K Heavy Lift Helicopter
October 14, 2021 4:15 PM EDTBAY SHORE, N.Y.--(BUSINESS WIRE)-- 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. Based on existing orders for the aircraft the LTA should have a minimum value in excess of $5.2 million.
This contract award is an important success for Air Industries and for... More
