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Air Industries Group's Business Segments
Air Industries Group's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
2
Largest Segment
Military
Total Revenue
$ 12
Regions Reported
-
Revenue Share by Reportable Segment - FY
- Military0%
- Commercial Real Estate65%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Military | $ 16 | - |
| Commercial Real Estate | $ 8 | 65% |
Revenue by Product & Service Category - FY
- Military65.9%
- Commercial Real Estate34.1%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Military | $ 8 | 65.9% |
| Commercial Real Estate | $ 4 | 34.1% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Annual Results
Revenue Share by Reportable Segment - FY
- Military0%
- Commercial Real Estate65%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Military | $ 16 | - |
| Commercial Real Estate | $ 8 | 65% |
Description of Air Industries Group
We are an aerospace and defense company. We manufacture and design structural
parts and assemblies that focus on flight safety, including landing gear, arresting
gear, engine mounts, flight controls, throttle quadrants, jet engines and other
components. We also provide sheet metal fabrication of aerostructures, tube bending
and welding services. Our products are currently deployed on a wide range of high
profile military and commercial aircraft including Sikorskys UH-60 Black Hawk
and CH-47 Chinook helicopters, Lockheed Martins F-35 Joint Strike Fighter, Northrop
Grummans E2 Hawkeye, Boeings 777, Airbus 380 commercial airliners and the US
Navy F-18 and USAF F-16 fighter aircraft. Our Turbine Engine sector makes components
for jet engines that are used on the USAF F-15, the Airbus A-330 and A-380, and
the Boeing 777, in addition to a number of ground turbine applications.
Air Industries Group operates through three distinct segments, each contributing unique products and services to the aerospace and defense sectors. Here’s an extensive overview of each segment, including their products, services, and international operations.
1. Complex Machining
Companies Involved:
- AIM (Advanced Innovative Manufacturing)
- NTW (New Tool Works)
Products and Services:
The Complex Machining segment specializes in precision machining of intricate components that require high tolerances and sophisticated manufacturing processes. This includes:
- Precision Components: Manufacturing parts for various aircraft systems, including landing gear, engine mounts, and other critical structural components.
- Custom Machining Services: Offering tailored solutions to meet customer specifications for unique parts.
- Prototyping and Development: Collaborative development of prototypes for new aerospace applications, utilizing advanced machining techniques and technologies.
International Operations:
This segment has established a global footprint, catering to international clients across North America, Europe, and Asia. The operations utilize advanced CNC machining technology and skilled labor to ensure the highest quality standards are met.
Aerostructures and Electronics
Companies Involved:
- WMI (Welded Metal Products)
- WPI (Welded Products, Inc.)
- MSI (Manufacturing Solutions Inc.)
- Eur-Pac (European Packaging)
- ECC (Electronic Components Corporation)
Products and Services:
This segment focuses on providing aerostructural components and electronic assemblies essential for both commercial and military aviation. Key offerings include:
- Aerostructures: Fabrication of major aircraft components, including fuselages, wings, and tail sections.
- Electronic Systems: Development of electronic assemblies and systems for avionics, including communication, navigation, and flight control systems.
- Subassembly Services: Providing comprehensive subassembly services to integrate various components into larger systems, ensuring enhanced performance and reliability.
International Operations:
With a presence in international markets, this segment is adept at navigating complex regulatory environments and supply chains. It collaborates with global airlines, defense contractors, and government entities, ensuring seamless integration of products into their respective fleets.
Turbine Engine Components
Companies Involved:
- AMK (Advanced Manufacturing-Knowledge)
- Sterling (to be integrated)
Products and Services:
The Turbine Engine Components segment is focused on the manufacture and supply of highly specialized parts for aircraft engines. Key aspects include:
- Turbine Components: Production of components such as turbine blades, rotor assemblies, and combustion chambers that meet rigorous performance and safety standards.
- Repair and Overhaul Services: Offering critical repair services for aging turbine equipment, extending the lifecycle of engine components and enhancing operational efficiency.
- R&D for Engine Systems: Investment in research and development to innovate new solutions for jet propulsion technology.
International Operations:
This segment serves customers around the globe, particularly in regions with high aviation activity such as North America, Europe, and Asia-Pacific. The business leverages international partnerships for technology exchange and enhancement of product offerings.
Future Developments
As Air Industries Group continues to expand through acquisitions and integration of new companies, there are potential opportunities for restructuring the operational segments to enhance synergy and efficiency. This adaptability enables the company to operate as a unified entity once sufficient integration is achieved, thus supporting diverse markets and international operations more effectively.
With a robust focus on innovation and excellence across these segments, Air Industries Group is committed to delivering high-quality products and services that meet the evolving needs of the aerospace and defense industries worldwide.
1. Complex Machining
Companies Involved:
- AIM (Advanced Innovative Manufacturing)
- NTW (New Tool Works)
Products and Services:
The Complex Machining segment specializes in precision machining of intricate components that require high tolerances and sophisticated manufacturing processes. This includes:
- Precision Components: Manufacturing parts for various aircraft systems, including landing gear, engine mounts, and other critical structural components.
- Custom Machining Services: Offering tailored solutions to meet customer specifications for unique parts.
- Prototyping and Development: Collaborative development of prototypes for new aerospace applications, utilizing advanced machining techniques and technologies.
International Operations:
This segment has established a global footprint, catering to international clients across North America, Europe, and Asia. The operations utilize advanced CNC machining technology and skilled labor to ensure the highest quality standards are met.
Aerostructures and Electronics
Companies Involved:
- WMI (Welded Metal Products)
- WPI (Welded Products, Inc.)
- MSI (Manufacturing Solutions Inc.)
- Eur-Pac (European Packaging)
- ECC (Electronic Components Corporation)
Products and Services:
This segment focuses on providing aerostructural components and electronic assemblies essential for both commercial and military aviation. Key offerings include:
- Aerostructures: Fabrication of major aircraft components, including fuselages, wings, and tail sections.
- Electronic Systems: Development of electronic assemblies and systems for avionics, including communication, navigation, and flight control systems.
- Subassembly Services: Providing comprehensive subassembly services to integrate various components into larger systems, ensuring enhanced performance and reliability.
International Operations:
With a presence in international markets, this segment is adept at navigating complex regulatory environments and supply chains. It collaborates with global airlines, defense contractors, and government entities, ensuring seamless integration of products into their respective fleets.
Turbine Engine Components
Companies Involved:
- AMK (Advanced Manufacturing-Knowledge)
- Sterling (to be integrated)
Products and Services:
The Turbine Engine Components segment is focused on the manufacture and supply of highly specialized parts for aircraft engines. Key aspects include:
- Turbine Components: Production of components such as turbine blades, rotor assemblies, and combustion chambers that meet rigorous performance and safety standards.
- Repair and Overhaul Services: Offering critical repair services for aging turbine equipment, extending the lifecycle of engine components and enhancing operational efficiency.
- R&D for Engine Systems: Investment in research and development to innovate new solutions for jet propulsion technology.
International Operations:
This segment serves customers around the globe, particularly in regions with high aviation activity such as North America, Europe, and Asia-Pacific. The business leverages international partnerships for technology exchange and enhancement of product offerings.
Future Developments
As Air Industries Group continues to expand through acquisitions and integration of new companies, there are potential opportunities for restructuring the operational segments to enhance synergy and efficiency. This adaptability enables the company to operate as a unified entity once sufficient integration is achieved, thus supporting diverse markets and international operations more effectively.
With a robust focus on innovation and excellence across these segments, Air Industries Group is committed to delivering high-quality products and services that meet the evolving needs of the aerospace and defense industries worldwide.
