December 13, 2016

CPI Aerostructures Appoints Aviation Industry Veteran and Former Sikorsky Corporate President Carey Bond to Board of Directors

Edgewood, NY – (Marketwired) – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that Carey E. Bond, former corporate president at Sikorsky Aircraft, a Lockheed Martin Company, has been appointed to the company’s board of directors, effective immediately.

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November 8, 2016

CPI Aerostructures Announces 2016 Third Quarter Financial Results

Edgewood, NY – (Marketwired) – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced financial results for the three-month and nine-month periods ended September 30, 2016. Backlog of $441.5 Million as of September 30, 2016, up $54.2 Million, or 14%, from 2015 year-end. Record Defense backlog of $332.7 Million; up 20% from 2015 year-end; multi-year defense contracts now represent 75% of total backlog.     read more

 

November 3, 2016

CPI Aerostructures to Host 2016 Third Quarter Conference Call on November 8

Edgewood, NY – (Marketwired) – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced that it will issue its financial results for its fiscal third quarter ended September 30, 2016 before the market opens on Tuesday, November 8, 2016.    read more

 

October 24, 2016

CPI Aerostructures Selects PPG as Strategic Supplier for Vendor Managed Consumables

Edgewood, NY – (Marketwired) – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today that it has entered into a long term, strategic supply agreement with Pittsburgh-based PPG (NYSE: PPG) to supply consumable products in a Vendor Managed Inventory (VMI) operating model.    read more

 

October 3, 2016

CPI Aerostructures Awarded $5 Million Contract From Sikorsky for CH-148 Cyclone Weapon Pylon Assemblies

Edgewood, NY – (Marketwired) – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that Sikorsky, a Lockheed Martin Company (NYSE: LMT), has awarded CPI Aero purchase orders valued at approximately $5 million to manufacture the weapon pylon for the Sikorsky CH-148 Cyclone, a twin-engine, multi-role shipboard helicopter being manufactured by Sikorsky for the Royal Canadian Air Force (RCAF).    read more

 

September 27, 2016

CPI Aerostructures Expands Work on Raytheon Next Generation Jammer Pod

Edgewood, NY – (Marketwired) – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today that Raytheon Company (NYSE: RTN) has awarded CPI Aero a contract valued at approximately $2.7 million to manufacture air management system (AMS) door and duct assemblies for the Engineering and Manufacturing Development (EMD) phase of the Next Generation Jammer Increment 1 Pod ("NGJ Inc 1 Pod").    read more

 

August 17, 2016

CPI Aerostructures to Ring Opening Bell at the New York Stock Exchange
on Thursday, August 18

Edgewood, NY – (Marketwired) – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today that its management team will visit the New York Stock Exchange on Thursday, August 18, 2016 and will ring The Opening Bell®.    read more

 

August 4, 2016

CPI Aerostructures Announces 2016 Second Quarter Financial Results

Edgewood, NY – (Marketwired) – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced financial results for the three-month and six-month periods ended June 30, 2016. Revenue for the 2016 second quarter was $22.3 million compared with $21.9 million for the 2015 second quarter.    read more

 

August 4, 2016

CPI Aerostructures Awarded Contract by Embraer for the E-Jets E2s

Edgewood, NY – (Marketwired) – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today reported it has been selected by Embraer S.A. of Brazil (NYSE: ERJ) to supply various structural components used in the manufacture of engine pylon fairings for the Embraer E175-E2 aircraft, one of the members of the second generation of its E-Jets family of commercial aircraft, the E-Jets E2.    read more

 

August 1, 2016

CPI Aerostructures to Host 2016 Second Quarter Conference Call on August 4

Edgewood, NY – (Marketwired) – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced that it will issue its financial results for its fiscal second quarter ended June 30, 2016 before the market opens on Thursday, August 4, 2016. CPI Aero's President and Chief Executive Officer Douglas McCrosson and Chief Financial Officer Vincent Palazzolo will host a conference call and webcast to discuss its financial results that morning at 8:30 am Eastern Time.   read more

 

July 28, 2016

CPI Aerostructures to Participate at Upcoming Investor Conferences

Edgewood, NY – (Marketwired) – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that management will participate in two investor conferences   read more

 

July 11, 2016

CPI Aerostructures Awarded $4 Million Contract From Raytheon
for Next Generation Jammer Pod Structure

Farnborough, England – CPI Aerostructures, Inc. ("CPI Aero®") (NYSE American: CVU) today announced at the Farnborough International Airshow that Raytheon Company (NYSE: RTN) has awarded CPI Aero a contract valued at approximately $4 million to manufacture the structural pod housings for the Engineering and Manufacturing Development (EMD) phase of the Next Generation Jammer Increment 1 Pod ("NGJ Inc 1 Pod").  read more

 

July 7, 2016

CPI Aerostructures Announces New Executive Compensation Structure

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it has entered into Severance and Change in Control Agreements with each of Douglas McCrosson, its President and Chief Executive Officer, and Vincent Palazzolo, its Chief Financial Officer.   read more

 

June 3, 2016

CPI Aerostructures and BankUnited, N.A. Enter Into Interest Rate Swap Agreement

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today that it has entered into an ISDA Master Agreement and Schedule with Citizens Bank N.A., which will result in CPI Aero paying a fixed interest rate of 4.55% on the revolving credit loan under its Amended and Restated Credit Agreement,  read more

 

May 31, 2016

CPI Aerostructures to Participate at the Drexel Hamilton Aerospace & Defense Conference on June 9, 2016

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that management is scheduled to present at the Drexel Hamilton Aerospace & Defense Conference on Thursday, June 9, 2016 at 1:10 PM ET at The Westin New York.  read more

 

May 18, 2016

CPI Aerostructures to Participate at the 17th Annual
B. Riley Investor Conference on May 26, 2016

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced, that its Chief Financial Officer, Vincent Palazzolo will present at the 17th Annual B. Riley Investor Conference in Los Angeles.  read more

 

May 10, 2016

CPI Aerostructures Announces 2016 First Quarter Financial Results

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today reported first-quarter 2016 financial results. First quarter 2016 results included a one-time, non-cash charge of approximately $13.5 million related to the Company’s estimate to perform its A-10 Wing Replacement Program (WRP) through the conclusion of its 173-wing order.  read more

 

May 9, 2016

CORRECTION – CPI Aerostructures to Host 2016 First Quarter Conference Call
on May 10

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU)  In the news release, “CPI Aerostructures to Host 2016 First Quarter Conference Call on May 10” issued earlier today by CPI Aerostructures, Inc. (NYSE American: CVU), we are advised by the company that the mention of “today” in the first paragraph should not have been included. Complete corrected text follows.  read more

 

May 9, 2016

CPI Aerostructures to Host 2016 First Quarter Conference Call on May 10

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced that it will host a conference call and webcast to discuss its financial results for its fiscal first quarter ended March 31, 2016 today, Tuesday, May 10, 2016, at 8:30 am Eastern Time.  read more

 

March 28, 2016

CPI Aerostructures Enters Into $40 Million Secured Credit Facility

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today that it has entered into a $40.0 million amended and restated credit agreement that replaces its previous $35.0 million credit facility.   read more

 

March 28, 2016

CPI Aerostructures Announces Fourth Quarter and Full Year 2015 Results

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today reported fourth-quarter and full-year 2015 financial results.

Full Year 2015 versus Full Year 2014 Revenue increased to $100.2 million from $39.7 million; Gross profit (loss) was $16.6 million compared to $(29.7) million   read more

 

March 15, 2016

CPI Aerostructures Announces Filing of Form 12b-25

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today that it has filed a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission with regard to its Annual Report on Form 10-K for the year ended December 31, 2015.   read more

 

March 13, 2016

CPI Aerostructures to Host 2015 Fourth Quarter and Year-End Conference Call Today

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced that its Chief Executive Officer and President,
Douglas McCrosson, and Chief Financial Officer, Vincent Palazzolo, will host a conference call and webcast today, Monday, March 28, 2016,
at 11:00 am Eastern Time
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March 2, 2016

CPI Aerostructures Announces Delay in Earnings Release and Conference Call for Fourth Quarter and Full Year 2015

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today it plans to temporarily delay its 2015 fourth quarter and fiscal year earnings release and conference call and webcast, previously scheduled for Thursday, March 3, 2016. The company needs additional time to complete the review of its financial results for the fourth quarter and full year 2015.  read more

 

February 18, 2016

CPI Aerostructures to Report 2015 Fourth Quarter and Year-End Financial Results on Wednesday, March 2nd and Hold Conference Call on Thursday, March 3rd

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it will issue its financial results for the fourth quarter and full-year ended December 31, 2015 after market close on Wednesday, March 2, 2016. CPI Aero’s Chief Executive Officer and President, Douglas McCrosson and Chief Financial Officer, Vincent Palazzolo will host a conference call.   read more

 

January 22, 2016

CPI Aerostructures to Participate at the 37th Annual Cowen Aerospace/Defense Conference & Transport One-on-One Forum

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU)  today announced that its President and CEO, Douglas McCrosson, will present at the 37th Annual Cowen Aerospace/Defense Conference & Transport One-on-One Forum on Wednesday, February 3rd, at the Lotte New York Palace in New York City.   read more

 

January 14, 2016

CPI Aerostructures Selected by Northrop Grumman to Supply Wing Components for Japanese E-2D Advanced Hawkeye

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) has been selected by Northrop Grumman Corporation (NYSE: NOC) to supply structural components and kits for the Outer Wing Panel (OWP) on the E-2D Advanced Hawkeye airborne early warning and control (AEW&C) aircraft that will be manufactured for Japan.  read more

 

 

 

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