Recent 8-K filings for AIRI

• March 20, 2026, 7:59 PM ET leadership materiality 0.65 neutral item 5.02item 9.01

  Air Industries appoints Glassman as Acting CEO, Drisgula as VP Finance

  Scott Glassman appointed Acting CEO and President on March 18, 2026; annual salary $231,000.

• March 16, 2026, 7:59 PM ET leadership materiality 0.70 neutral item 5.02item 9.01

  Air Industries CEO Lou Melluzzo resigns effective March 11, 2026; separation agreement disclosed

  CEO and President Lou Melluzzo resigned from all positions on March 11, 2026; no disagreement cited.

• February 27, 2026, 6:59 PM ET debt materiality 0.60 neutral item 1.01item 9.01 ◈ Material Agreements

  Air Industries extends Webster Bank loan maturity to Sept 30, 2026; pays $25K fee

  Eleventh Amendment to Loan & Security Agreement extends maturity date of revolving credit and term loans to September 30, 2026.

• February 17, 2026, 6:59 PM ET M&A materiality 0.90 negative item 1.01item 3.02item 7.01item 9.01 ◈ Material Agreements

  Air Industries to acquire Tenax Aerospace via share issuance; Tenax holders to own 95%

  Issues ~112.5M shares (95% post-close) to Tenax members; existing holders retain ~5%.

• December 16, 2025, 6:59 PM ET debt materiality 0.60 neutral item 1.01item 9.01

  Air Industries gets Webster Bank waiver on two defaults, extends loan to March 2026

  Webster Bank waived defaults for failing fixed charge coverage ratio Q2 2025 and exceeding FY2025 capex limit.

• November 14, 2025, 6:59 PM ET earnings materiality 0.60 positive item 2.02item 9.01

  Air Industries posts Q3 2025 net loss of $44k; Adj. EBITDA rises to $1.28M

  Q3 net sales $10.3M (down 17.9% YoY); net loss narrowed to $44k from $404k; gross margin expanded to 22.3% from 15.5%.

• August 14, 2025, 7:59 PM ET earnings materiality 0.75 negative item 2.02item 9.01

  Air Industries Q2 net loss $422k, revenue down 7%; lowers H2 outlook

  Q2 net sales $12.7M, down 6.7% YoY; net loss of $422k vs income of $298k in Q2 2024.

• July 10, 2025, 7:59 PM ET other material materiality 0.65 positive item 7.01item 9.01

  Air Industries Group secures $5.4M B-52 landing gear contract, deliveries 2026-2027

  Contract valued at $5.4 million for Landing Gear Steering Collar Components for US Air Force B-52 aircraft.

• May 15, 2025, 7:59 PM ET earnings materiality 0.65 neutral item 2.02item 9.01

  Air Industries Q1 sales down 13.7% to $12.1M; gross margin improves; net loss widens to $988K

  Net sales $12.1M vs $14.1M in Q1 2024 (-13.7%); gross profit up 6.7% to $2.0M, gross margin 16.8% (+320 bps).

• April 21, 2025, 7:59 PM ET other material materiality 0.60 neutral item 4.01item 9.01

  Air Industries Group auditor Marcum resigns; CBIZ CPAs appointed as successor

  Marcum LLP resigned as independent auditor on April 16, 2025; CBIZ CPAs (acquired Marcum's attest business) engaged on April 17, 2025.

• March 31, 2025, 7:59 PM ET earnings materiality 0.70 positive item 2.02item 9.01

  Air Industries reports FY2024 preliminary results: sales +7% to $55.1M, backlog record >$250M

  Net sales $55.1M (+7% YoY), gross margin 16.2% (+180 bps), operating income $459K vs loss.

• January 16, 2025, 6:59 PM ET earnings materiality 0.65 positive item 7.01item 9.01

  Air Industries fiscal 2024 preliminary sales up ~6.6%; record bookings and backlog over $270M

  Preliminary sales increased approx 6.6% YoY; total bookings grew 15% over 2023.

• January 8, 2025, 6:59 PM ET other material materiality 0.60 positive item 7.01item 9.01

  Air Industries secures $5.9M contract for F-5/T-38 aircraft actuators

  Contract worth $5.9 million for flight control assemblies on US Air Force F-5/T-38 aircraft.

• January 2, 2025, 6:59 PM ET other material materiality 0.60 positive item 7.01item 9.01

  Air Industries secures $2.6M E-2D aftermarket landing gear contract; total Dec bookings >$45M

  New $2.6M award for main landing gear assemblies for US Navy E-2D Advanced Hawkeye aftermarket MRO.

• December 20, 2024, 6:59 PM ET other material materiality 0.70 positive item 7.01item 9.01

  Air Industries secures $33M multi-year contract for CH-53K helicopter components

  Seven-year agreement valued at $33.0M to manufacture complex components for CH-53K King Stallion.

• December 9, 2024, 6:59 PM ET other material materiality 0.70 positive item 7.01item 9.01

  Air Industries secures $11M follow-on contract for Navy E-2D landing gear assemblies

  Contract valued at over $11.0 million for landing gear assemblies for U.S. Navy E-2D Advanced Hawkeye.

• December 4, 2024, 6:59 PM ET other material materiality 0.60 positive item 7.01item 9.01

  Air Industries secures $4.0M follow-on F-35 arresting gear contract from European partner

  Contract valued at ~$4.0M for F-35 Lightning II arresting gear components.

• November 14, 2024, 6:59 PM ET earnings materiality 0.65 positive item 2.02item 9.01

  Air Industries Q3 net loss narrows 69% to $404K, adj EBITDA turns positive to $845K

  Q3 revenue $12.6M (+2.1% YoY), gross margin 15.5% vs 10.0%, op income $67K vs loss $796K.

• August 22, 2024, 7:59 PM ET other material materiality 0.85 positive item 7.01item 9.01

  Air Industries Group secures $110M GTF engine components contract, backlog tops $280M

  Secured $110M, 7-year contract for thrust struts used in GTF aircraft jet engines; sole supplier since 2015.

• August 14, 2024, 7:59 PM ET earnings materiality 0.70 positive item 7.01item 9.01

  Air Industries posts Q2 profit of $298K ($0.09/share) vs year-ago loss; revenue rises 2.8%

  Q2 net sales $13.572M (+2.8% YoY); gross margin expanded to 19.5% from 16.4%.

• May 16, 2024, 7:59 PM ET other material materiality 0.60 positive item 7.01item 9.01

  Air Industries receives $8.2M in orders for Black Hawk and H-92 helicopter components

  Orders of $8.2M from two customers for components on UH-60 Black Hawk and H-92 Super Hawk helicopters.

• May 15, 2024, 7:59 PM ET earnings materiality 0.65 negative item 7.01item 9.01

  Air Industries Q1 net loss $706K on sales $14.1M; backlog $99.3M

  Net sales $14.1M (+12% YoY); net loss $706K ($0.21/share) vs loss $618K ($0.19/share) last year.

• April 1, 2024, 7:59 PM ET earnings materiality 0.70 negative item 7.01item 9.01

  Air Industries reports preliminary FY2023 net loss of $2.13M; backlog up 14.7% to $98.3M

  FY2023 net loss $2.13M (-$0.65 EPS) vs $1.08M loss in 2022; Q4 net income $181k ($0.06 EPS) vs $899k loss.

Earnings & guidance

Materiality & sentiment trend

Max materiality 0.90 · Median 0.55 · Most common event other_material

21 positive 5 negative 22 neutral

source · AIRI on sec.gov