# Tenax Aerospace and Air Industries Group to merge into scaled aerospace and defense platform

Tenax Aerospace Acquisition, LLC and Air Industries Group (NYSE American: AIRI) announced a definitive merger agreement to combine Tenax's special mission aviation business with Air's precision aerospace manufacturing. The combined company expects to remain listed on NYSE American under AIRI, with pro-forma 2026 revenues exceeding $210 million and approximately 430 employees.

- Type: Acquisition
- Announced: 2026-02-17
- Where: United States
- Value: $300.0M
- Jobs: 430
- Status: announced
- Products: special mission aviation, precision aerospace manufacturing
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Air Industries Group](https://endata.com/companies/8765.md) (target)
- [Tenax Aerospace Acquisition](https://endata.com/companies/37832.md) (acquirer)

## Sources

- [tenaxaerospace.com](https://www.tenaxaerospace.com/tenax-air-industries-strategic-combination.html), 2026-02-17: "This merger represents an important step for Tenax's plans to expand its presence in the aerospace and defense sector."
- [marketscreener.com](https://www.marketscreener.com/news/tenax-aerospace-acquisition-llc-agreed-to-acquire-air-industries-group-in-a-reverse-merger-transact-ce7e5dd9da81f726), 2026-02-17: "Tenax Aerospace Acquisition, LLC agreed to acquire Air Industries Group in a reverse merger transaction for approximately $300 million."
- [cravath.com](https://www.cravath.com/news-insights/tenaxs-merger-with-air.html), 2026-02-18: "On February 17, 2026, Tenax Aerospace Acquisition, LLC and Air Industries Group jointly announced that they have entered into an Agreement and Plan of Merger to combine Tenax's special mission aviation business with Air's precision aerospace manufacturing business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.