Air Industries Group · AMEX:AIRI
Air Industries — Taglich Brothers Investor Conference May 2023
17 slides from Air Industries's conference presentation, May 2, 2023
Slide 1: Taglich Brothers Investor Conference May 2023
1 (NYSE: AIRI) 1460 Fifth Avenue Bay Shore, NY 11706 P: 631 - 968 - 5000 www.airindustriesgroup.com TAGLICH BROTHERS CONFERENCE September 2021 1 (NYSE American: AIRI) www.airindustriesgroup.com TAGLICH BROTHERS INVESTOR CONFERENCE MAY 2023
Slide 2: Safe Harbor Statement
2 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 con
Slide 3: About Air Industries Group (AIRI)
3 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 »
Slide 4: Locations & Competencies
4 Locations & Competencies 2 Facilities 150,000 Square Feet 205 80% Military BARKHAMSTED, CT Turbine Engine Components » Jet Engine Components » Ground Power Turbines » Helicopter Assemblies » Special Processes – New Initiative! BAY SHORE, NY Complex Machining » Landing & Arresting Gear » Flight Saf
Slide 5: Transition & Transformation 2022-2023
5 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
Slide 6: Top Programs: Recent Contract Awards
6 » 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 and nose landing gear and a
Slide 7: Top Programs
7 Top Programs (NYSE American: AIRI) www.airindustriesgroup.com
Slide 8: Diverse Market
8 Diverse Market (NYSE American: AIRI) www.airindustriesgroup.com » 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
Slide 9: Growth Strategy
9 Growth Strategy (NYSE American: AIRI) www.airindustriesgroup.com » 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 »
Slide 10: Addressable Market
10 Addressable Market (NYSE American: AIRI) www.airindustriesgroup.com Relevant Market Opportunities $70B+ Most Attractive Opportunities ~ $4B Addressable Market ~ $1.3B OPPORTUNITY GROUPS (Highly Attractive) Near - Term (0 - 2 years) □ Military fixed - wing landing gear, (served) □ Helicopter (serv
Slide 11: Core Market Expansion
11 Core Market Expansion (NYSE American: AIRI) www.airindustriesgroup.com » 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. NEAR - TERM (0 - 1
Slide 12: DLA Aftermarket
12 DLA Aftermarket (NYSE American: AIRI) www.airindustriesgroup.com 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.
Slide 13: Legacy Commercial
13 Legacy Commercial (NYSE American: AIRI) www.airindustriesgroup.com 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 p
Slide 14: Constrained Markets
14 Constrained Markets (NYSE American: AIRI) www.airindustriesgroup.com 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 n
Slide 15: Business Jet Landing Gear
15 Business Jet Landing Gear (NYSE American: AIRI) www.airindustriesgroup.com 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 grow
Slide 16: Why Air Industries Group
16 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 d
Slide 17: Thank You for Your Attention
(NYSE American: AIRI) www.airindustriesgroup.com THANK YOU FOR YOUR ATTENTION
Air Industries Group — Taglich Brothers Investor Conference May 2023 on 6ix