Air Industries Group · AMEX:AIRI

Air Industries — Taglich Brothers Investor Conference 2023

17 slides from Air Industries's conference presentation, September 2023

  1. Slide 1: Taglich Brothers Investor Conference

    (NYSE American: AIRI) www.airindustriesgroup.com TAGLICH BROTHERS TAGLICH BROTHERS INVESTOR CONFERENCECONFERENCE (NYSE: AIRI) 1460 Fifth Avenue MAY September 2023 Bay Shore, 2021 NY 11706 P: 631-968-5000 1 1 www.airindustriesgroup.com

  2. Slide 2: Safe Harbor Statement

    Safe Harbor Statement Except for the historical information contained herein, the matters discussed in this presentation contain forward-looking statements. The accuracy of these statements is subject to significant risks and uncertainties. Actual results could differ materially from those contained

  3. Slide 3: About Air Industries Group (AIRI)

    About Air Industries Group (AIRI)  Tier 1 Manufacturer of Aerospace and Defense Precision Assemblies and Components for Mission Critical Applications  Prime Contractor to U.S. Department of Defense  Important, Diverse and Stable Customers and Platforms:  5 Major Customers; 6 Major Platforms  Gr

  4. Slide 4: Locations & Competencies

    Locations & Competencies Strategic Locations = Access to OEMs, Deep Talent Pool, Skilled Labor, Suppliers 2 Facilities BARKHAMSTED, CT 150,000 Square Feet Turbine Engine Components 205  Jet Engine Components 80% Military  Ground Power Turbines  Helicopter Assemblies  Special Processes – New Init

  5. Slide 5: Transition & Transformation

    Transition & Transformation 2022 - 2023  Working through significant, industry-wide supply chain disruption and related product delays.  Continued vertical integration of key processes.  Transforming Sterling Engineering subsidiary with more long-term agreements, such as Sikorsky for the CH-53K.

  6. Slide 6: Major LTA “Wins” – 2022-2023 YTD

    Major LTA “Wins” – 2022-2023 YTD  Blackhawk Helicopter: $30.0+ million in 12 new LTAs for critical components. Over 500 new Blackhawk aircraft are forecast to be produced in the next five years.  US Navy E-2D Advanced Hawkeye early warning aircraft: $12.4 million contract to produce complete main

  7. Slide 7: Top Programs

    Top Programs 7 (NYSE American: AIRI) www.airindustriesgroup.com

  8. Slide 8: Diverse Market

    Diverse Market  Air Industries operates in the enormous market for High Precision Metallic Machined Componentry, with well over $100B in annual spend.  Prioritizing targets, aligning corporate goals and focusing company resources are imperative to our overall success. 8 (NYSE American: AIRI) www.a

  9. Slide 9: Growth Strategy

    Growth Strategy  The Company has been focused on operational and financial improvements along with getting the right equipment on the floor to support the long term plan.  Now pivoting towards growth opportunities:  Expanding existing platforms  Expansion into new platforms  In-roads into naval

  10. Slide 10: Addressable Market

    Addressable Market OPPORTUNITY GROUPS ATTRACTIVE / ACTIONABLE Relevant Market (Highly Attractive) Opportunities We have addressed $70B+ Near-Term (0-2 years) opportunities on several  Military fixed-wing factors including: landing gear, (served)  Helicopter (served)  Capability fit Most Attractiv

  11. Slide 11: Core Market Expansion

    Core Market Expansion NEAR-TERM (0-1 year)  Increasing the number of part groups within existing platforms.  Establish dedicated lines for the most attractive core platforms.  Establish advanced material procurement and a demand planning process. 11 (NYSE American: AIRI) www.airindustriesgroup.co

  12. Slide 12: DLA Aftermarket

    DLA Aftermarket NEAR-TERM (0-1 year)  Capitalize on an existing relationship with the DLA and distribution partners.  In-House experience with assembling SAR Packages.  Leverage distribution partners to issue SAR Packages. 12 (NYSE American: AIRI) www.airindustriesgroup.com

  13. Slide 13: Legacy Commercial

    Legacy Commercial Mid-Term (1-3 years)  Legacy platforms provide a in-road with less penetrated customers.  Likely to face less competition serving legacy platforms with robust spares and aftermarket activity.  Lower volumes with greater profit margins. 13 (NYSE American: AIRI) www.airindustriesg

  14. Slide 14: Constrained Markets

    Constrained Markets Mid-Term (1-3 years)  Supply chain constraints on specific missile programs going to the Ukraine has caused a need to expand the supply base.  Focus on parts that align well with the company’s current capabilities and do not require upfront investment. 14 (NYSE American: AIRI)

  15. Slide 15: Business Jet Landing Gear

    Business Jet Landing Gear Mid-Term (3-5 years)  Business jet landing gear is within the size capabilities of our existing equipment and requires no further Cap-X.  Since the onset of Covid-19, the business jet market has dramatically grown. 15 (NYSE American: AIRI) www.airindustriesgroup.com

  16. Slide 16: Why Air Industries Group

    Why Air Industries Group Solid Position in Defense Ecosystem  Defense orientation is complemented by selected opportunities in commercial aviation Important and Stable Aircraft Platforms and Customers  Supported by 6 aircraft platforms and 5 customers that are stable and important to national defe

  17. Slide 17: Thank You For Your Attention

    THANK YOU FOR YOUR ATTENTION (NYSE American: AIRI) www.airindustriesgroup.com

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