Air Industries Group Wins Long-Term Agreement for Components for Blackhawk Helicopters
Mr.
“Strategically, we continue to diversify our product offering to better position the Company. We have also recently experienced a significant increase in new business opportunities for both aerospace and non-aerospace components, and are extremely excited about the recent orders for nuclear submarine work. I am happy to report that we have received our first three orders for submarine product from new clients. While the total value is not substantial, it is a start. We intend to diligently pursue and capitalize on these opportunities.”
ABOUT
Additional information about the Company can be found in its filings with the
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20221026005175/en/
Investor Relations
631.328.7079
ir@airindustriesgroup.com
Source: