Air Industries secures multi-year deal with UTC Aerospace
Dec. 5, 2013, Bay Shore, N.Y. - Air Industries Group has secured a new multi-year contract with UTC Aerospace Systems - Aerostructures to deliver nacelle thrust struts in support of its requirements for the Mitsubishi Regional Jet.
Deliveries under the $11 million contract are scheduled to start in mid-2014
The new contract will run alongside the another recently announced award for similar thrust struts which will be used in the nacelle system for the new Pratt & Whitney PurePower PW1200G geared turbofan engine.
The nacelle systems are designed and manufactured to take advantage of the latest composite technology. They will directly contribute to the major reductions in fuel consumption, emissions and noise, as well as operating costs that Pratt & Whitney's PurePower engines will provide.
Air Industries Group chief executive officer Peter Rettaliata said this contract award is the culmination of an significant effort to position the company in the growing commercial aerospace market.
"We are justifiably proud of the confidence UTC Aerospace Systems has shown in Air Industries by providing this award, and we continue to build our relationship with one of the premier manufacturers of integrated nacelle systems in the world," Rettaliata added.
Air Industries Group is an integrated manufacturer of precision components and provider of supply chain services for the aerospace and defense industry.