Air Industries Wins $110M Contract For GTF Aircraft Engine Components
Portfolio Pulse from Benzinga Newsdesk
Air Industries Group has secured a $110 million contract to supply components for GTF aircraft engines, expanding its backlog to over $280 million. This 7-year contract is a significant boost for the company.
August 22, 2024 | 11:02 am
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Air Industries Group has won a $110 million contract for GTF aircraft engine components, increasing its backlog to over $280 million. This 7-year contract is a significant boost for the company's future revenue and growth prospects.
The $110 million contract significantly increases Air Industries' backlog, indicating strong future revenue streams. This long-term contract enhances the company's growth prospects and market position in the aerospace sector.
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