Air Industries Group Announces Advertising Campaign
Air Industries Group (NYSE American: AIRI), a manufacturer of precision components for aerospace and defense contractors, has announced the retention of RedChip Companies, Inc. as its investor relations consultants. The company has produced a television commercial to be aired on CNBC.
Air Industries specializes in manufacturing critical components including landing gears, flight controls, engine mounts, and components for aircraft jet engines and ground turbines. These components are essential for military personnel and civilian safety in mission-critical operations.
Air Industries Group (NYSE American: AIRI), un produttore di componenti di precisione per appaltatori nel settore aerospaziale e della difesa, ha annunciato la collaborazione con RedChip Companies, Inc. come consulenti per le relazioni con gli investitori. L'azienda ha realizzato uno spot televisivo che sarà trasmesso su CNBC.
Air Industries si specializza nella produzione di componenti critici, tra cui carrelli d'atterraggio, controlli di volo, supporti per motori e componenti per motori a reazione e turbine a terra. Questi componenti sono essenziali per la sicurezza del personale militare e civile in operazioni mission-critical.
Air Industries Group (NYSE American: AIRI), un fabricante de componentes de precisión para contratistas de aeroespacial y defensa, ha anunciado la retención de RedChip Companies, Inc. como sus consultores de relaciones con inversores. La empresa ha producido un comercial de televisión que se emitirá en CNBC.
Air Industries se especializa en la fabricación de componentes críticos, incluidos trenes de aterrizaje, controles de vuelo, soportes de motor y componentes para motores a reacción y turbinas terrestres. Estos componentes son esenciales para la seguridad del personal militar y civil en operaciones críticas.
에어 인더스트리 그룹 (NYSE American: AIRI), 항공 우주 및 방위 계약자를 위한 정밀 부품 제조업체가 투자자 관계 컨설턴트로 레드칩 컴퍼니즈, 인크.를 고용했다고 발표했습니다. 이 회사는 CNBC에서 방영될 텔레비전 광고를 제작했습니다.
에어 인더스트리는 착륙 장치, 비행 제어 장치, 엔진 마운트 및 항공기 제트 엔진 및 지상 터빈용 부품을 포함한 중요한 부품 제조를 전문으로 합니다. 이러한 부품은 임무 수행에서 군인과 민간인의 안전에 필수적입니다.
Air Industries Group (NYSE American: AIRI), un fabricant de composants de précision pour les sous-traitants aérospatiaux et de défense, a annoncé la rétention de RedChip Companies, Inc. en tant que consultants en relations avec les investisseurs. L'entreprise a produit une publicité télévisée qui sera diffusée sur CNBC.
Air Industries se spécialise dans la fabrication de composants critiques, y compris les trains d'atterrissage, les commandes de vol, les supports de moteur et les composants pour les moteurs à réaction d'avion et les turbines terrestres. Ces composants sont essentiels pour la sécurité du personnel militaire et civil lors d'opérations critiques.
Air Industries Group (NYSE American: AIRI), ein Hersteller von Präzisionskomponenten für Luft- und Raumfahrt- sowie Verteidigungsauftragnehmer, hat die Beauftragung von RedChip Companies, Inc. als Berater für Investor Relations bekannt gegeben. Das Unternehmen hat einen Fernsehspot produziert, der auf CNBC ausgestrahlt wird.
Air Industries spezialisiert sich auf die Herstellung kritischer Komponenten, einschließlich Fahrwerke, Flugsteuerungen, Motorträger und Komponenten für Flugzeugtriebwerke und Erdturbinen. Diese Komponenten sind für die Sicherheit von Militär- und Zivilpersonal in mission-kritischen Operationen unerlässlich.
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The commercial can also be accessed at:
https://www.youtube.com/watch?v=npeaVHlVuaw
ABOUT AIR INDUSTRIES GROUP
Air Industries Group is a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors. Its products include landing gears, flight controls, engine mounts and components for aircraft jet engines, ground turbines and other complex machines. Whether it is a small individual component or complete assembly, its high quality and extremely reliable products are used in mission critical operations that are essential for the safety of military personnel and civilians.
FORWARD LOOKING STATEMENTS
Certain matters discussed in this press release are 'forward-looking statements' intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. In particular, the Company's statements regarding trends in the marketplace, future revenues, earnings and Adjusted EBITDA, the ability to realize firm backlog and projected backlog, cost cutting measures, potential future results and acquisitions, are examples of such forward-looking statements. The forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to, the timing of projects due to variability in size, scope and duration, the inherent discrepancy in actual results from estimates, projections and forecasts made by management, regulatory delays, changes in government funding and budgets, and other factors, including general economic conditions, not within the Company's control. The factors discussed herein and expressed from time to time in the Company's filings with the Securities and Exchange Commission could cause actual results and developments to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
NON-GAAP FINANCIAL MEASURES
The Company uses Adjusted EBITDA, a Non-GAAP financial measure as defined by the SEC, as a supplemental profitability measure because management finds it useful to understand and evaluate results, excluding the impact of non-cash depreciation and amortization charges, stock based compensation expenses, and nonrecurring expenses and outlays, prior to consideration of the impact of other potential sources and uses of cash, such as working capital items. This calculation may differ in method of calculation from similarly titled measures used by other companies and may be different than the EBITDA calculation used by our lenders for purposes of determining compliance with our financial covenants. This Non-GAAP measure may have limitations when understanding performance as it excludes the financial impact of transactions such as interest expense necessary to conduct the Company’s business and therefore are not intended to be an alternative to financial measure prepared in accordance with GAAP. The Company has not quantitatively reconciled its forward looking Adjusted EBITDA target to the most directly comparable GAAP measure because items such as amortization of stock-based compensation and interest expense, which are specific items that impact these measures, have not yet occurred, are out of the Company’s control, or cannot be predicted. For example, quantification of stock-based compensation is not possible as it requires inputs such as future grants and stock prices which are not currently ascertainable.
Anyone wishing to contact us or send a message can also do so by visiting: www.airindustriesgroup.com/contact-us/
View source version on businesswire.com: https://www.businesswire.com/news/home/20250226041357/en/
Air Industries Group
Chief Financial Officer
631-328-7039
Source: Air Industries Group
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