AIRI - Air Industries bags $5M contracts for Blackhawk chopper components jet engine parts

• Air Industries ( NYSE: AIRI ) said Thursday it secured two contracts with a combined value of $5M.
• AIRI's unit Air Industries Machining was awarded an ~$2.2M five-year long-term agreement to manufacture flight-critical assemblies for the Blackhawk helicopter.
• The new LTA extends till Dec. 31, 2027, replacing the existing LTA that expires at year-end.
• AIRI's unit Sterling Engineering received a new $2.8M order from General Electric ( GE ) for engine components to be used on the F404 jet engine.
• This engine, which powers frontline fighters and trainers, is being used in the Boeing-Saab T-7A Red Hawk advanced jet training aircraft.

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