# Aerospace supplier Air Industries swings to a third-quarter profit Gross profit rose faster than sales, widening the gross margin to 25.5%. Management expects the improved performance to continue into 2027. Published 2026-11-09 by TGOs. Canonical: https://tgos.io/news/2026/11/09/aerospace-supplier-air-industries-swings-to-a-third-quarter/ Air Industries Group reported third-quarter 2026 sales of $14.6 million.[1] Sales rose 41.1% from a year earlier.[1] The company makes landing gears, flight controls and engine mounts for large aerospace and defense prime contractors.[1] Third-quarter gross profit grew 61.4%, faster than sales, with gross margin reaching 25.5%.[1] Management attributes the margin improvement to its focus on a stable shipping cadence and minimizing disruptions from production schedule changes.[1] Quarterly net income reached $946,000, compared with a $44,000 loss a year earlier.[1] Nine-month sales through September rose 8.7% to $38.2 million.[1] The nine-month net loss narrowed to $902,000 from $1.5 million a year earlier.[1] The results also include costs associated with the pending merger with Tenax Aerospace Acquisition, LLC.[1] Stock compensation and merger-related expenses together totaled $539,000 in the quarter.[1] Nine-month operating expenses included $1.704 million in merger-related expenses.[1] ## Why it matters The company expects improved financial performance to continue in the fourth quarter and into 2027, citing October sales of approximately $5.6 million.[1] It says a $95.4 million backlog of firm customer orders supports forecast sales for the remaining two months of 2026 and calendar 2027.[1] ## Sources 1. Air Industries Group Exhibit 99.1, press release dated Nov. 9, 2026