Air Industries Group has received two separate strategically important contracts, both from new customers. The first is an initial order for structural engine nacelle components for the new CH-53K Heavy Lift Helicopter. This initial order is for just under $1 million, but is the first release against an anticipated five-year order expected to be in excess of $12 million.
It has also received an order from a major landing gear manufacturer for actuator subassemblies on a developmental aircraft. The company describes the value as modest at approximately $1 million, but the award concludes what has been a multi-year effort to establish a relationship with an unnamed large and important customer. When the program enters the production phase, the anticipated order value increases exponentially, it says.
Air Industries is 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. Lou Melluzzo, CEO, says: “These awards are very satisfying and result from our increased investment and efforts in business development. Air Industries is focused on increasing its workshare on the Sikorsky CH-53K. This new contract from a new customer furthers that goal.
“The second contract is also from a new customer and is significant to Air Industries, as it represents an important first step from a large OEM in establishing a relationship that will grow materially. The order is for a developmental aircraft. Producing new, prototype product requires a high level of expertise, and considerable concurrent engineering skill. It is a tribute to Air Industries that this World Class OEM has placed its trust in us. We anticipate additional substantial orders in the coming months.”
Contact details from our directory: | |
Air Industries Group | Aircraft Structural Components, Engine Control Quadrants, Hydraulic Actuators, Mechanical Actuators, Mechanical Fittings, Precision Machined Parts, Struts |
Sikorsky, a Lockheed Martin company | Airframer |
Related aircraft programs: |
Sikorsky CH-53K King Stallion |
Related directory sectors: |
Structural Components |
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