Air Industries Boosts Backlog with $110M GTF Aircraft Engine Contract
The Major Contract for Air Industries
Air Industries has successfully nabbed a $110 million contract for manufacturing GTF aircraft engine thrust struts. This new contract is pivotal, as it boosts the company's backlog to over $280 million.
Implications for AIRI's Growth
This contract signifies notable growth for Air Industries, highlighting its ability to secure large-scale projects and its commitment to producing high-quality aerospace components.
- Increased operational capacity
- Enhanced revenue potential
- Strategic partnerships being forged
Future Outlook
The deal places Air Industries in an advantageous position within the aviation supply chain, reflecting their dedication to innovation and market expansion.
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