News — CPI Aerostructures, Inc.

April 5, 2024

CPI Aero Reports Fourth Quarter And Full Year 2023 Results

EDGEWOOD, NY – April 5, 2024 -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) today announced financial results for the three and twelve month periods ended December 31, 2023. Read More

January 16, 2024

CPI Aero Appoints Ross Johnson to Leadership Team as Vice President, Program Management

EDGEWOOD, NY – January 16, 2024 -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) today announced that it has appointed Ross Johnson to the position of Vice President, Program Management. Read More

November 21, 2023

CPI Aero Receives $4.4m Orders From Embraer For Engine Inlet Assemblies

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that Embraer S.A. of Brazil (NYSE: ERJ) has placed several additional orders against a previously announced Long Term Agreement to manufacture engine inlet assemblies for the Embraer Phenom 300 business jets.. Read More

November 14, 2023

CPI Aero Reports Third Quarter 2023 Results

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) today announced financial results for the three and nine month periods ended September 30, 2023... Read More

November 7, 2023

CPI Aero Receives $9.6 Million Purchase Orders From U.S. Air Force For T-38 Aircraft Modification Kits

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that it has been awarded multiple purchase orders totaling $9.6 million under a previously announced contract from the U. S. Air Force valued at up to $65.7 million to provide structural modification kits, program management, logistics, and other sustainment services in support of Phase 3 of the T-38C Pacer Classic III Fuselage Structural Modification Kit Integration program (“PCIII”) and the Talon Repair Inspection and Maintenance (“TRIM”) program.... Read More

October 24 , 2023

CPI Aero Appoints Aerospace Industry Executive Pamela Levesque to its Board of Directors

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) today announced that its Board of Directors has appointed Pamela D. Levesque to serve as an independent Class II Director. She was also appointed to the Board’s Audit and Finance Committee.... Read More

October 12, 2023

CPI Aero Delivers First B-52 Radar Rack Structure to RTX

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) today announced that it has delivered its first B-52 Radar Rack Structure to Raytheon, an RTX business under an IDIQ contract signed in late 2021 with a ceiling value of $20 million... Read More

August 28, 2023

CPI Aero Receives Second Multi-Year Contract and Funded Order for F-16 Aircraft Structure

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) today announced that it has been awarded a second multi-year contract by Lockheed Martin (NYSE: LMT) to manufacture structural assemblies for the most advanced F-16 ever produced... Read More

August 21, 2023

CPI Aero Reports Second Quarter 2023 Results

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) today announced financial results for the three and six month periods ended June 30, 2023... Read More

June 20, 2023

CPI Aero Appoints Aerospace Industry Executive Rick Rosenjack to its Board of Directors

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (OTC Expert Market: CVUA) announced that its Board of Directors has appointed Rick Rosenjack as a new independent member of the Board effective immediately. He was also appointed to the Board’s Nominating and Corporate Governance Committee... Read More

May 15, 2023

CPI Aero Reports First Quarter 2023 Results

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (OTC Expert Market: CVUA) announced today financial results for the three month period ended March 31, 2023... Read More

May 8, 2023

CPI Aero Awarded Follow-On Production Contract Of Next Generation Jammer Mid-Band Program By Raytheon Technologies

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (OTC Expert Market: CVUA) announced today that Raytheon Technologies authorized CPI Aero to begin manufacturing of pod structures and air management system components for the follow-on Low Rate Initial Production (LRIP) phase 3 of the Next Generation Jammer Mid-Band (NGJ-MB) program. The binding notification provides a maximum value of $32.6 million.... Read More

May 2, 2023

CPI Aero Receives $7.1 Million Purchase Orders From U.S. Air Force for T-38 Aircraft Modification Kits

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (OTC Expert Market: CVUA) announced that it has been awarded multiple purchase orders totaling $7.1 million under a previously announced contract from the U. S. Air Force valued at up to $65.7 million to provide structural modification kits, program management, logistics, and other sustainment services in support of Phase 3 of the T-38C Pacer Classic III Fuselage Structural Modification Kit Integration program (“PCIII”) and the Talon Repair Inspection and Maintenance (“TRIM”) program... Read More

April 19, 2023

CPI Aero Receives $3.6 Million Follow-On Orders for Welded Assemblies

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (OTC Expert Market: CVUA) announced that it has received follow-on orders for complex welded structural assemblies used on a U.S. military helicopter from a current customer valued at approximately $3.6 million. Deliveries are expected to occur through mid-2024... Read More

April 14, 2023

CPI Aero Reports Fourth Quarter and Full Year 2022 Results

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (OTC Expert Market: CVUA) today announced financial results for the three and twelve month periods ended December 31, 2022... Read More

January 5, 2023

CPI Aero Receives $1.8m Follow-On Order for Welded Fluid Tank Assemblies

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (OTC Expert Market: CVUA) announced today that an undisclosed aerospace OEM has awarded CPI Aero a $1.8 million contract for complex welded fluid tank assemblies for an unspecified application. Deliveries will begin in 2023 and end in 2024… Read More

November 30, 2022

CPI Aero Receives New Multi-Year Agreement and $7.5 Million Firm Order For Airborne Reconnaissance Pods From Collins Aerospace

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (OTC Expert Market: CVUA) today announced that it has entered into a pricing agreement with Collins Aerospace, a Raytheon Technologies business, to provide highly integrated airborne pod structures in support of Collins’ MS-110 Multispectral Airborne Reconnaissance System… Read More

November 21, 2022

CPI Aerostructures Reports Third Quarter and Nine Month 2022 Results

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (OTC Expert Market: CVUA) today announced financial results for the three and nine month periods ended September 30, 2022… Read More

November 15, 2022

Sikorsky Awards Five-Year Contract To CPI Aerostructures

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (OTC Expert Market: CVUA) today announced that it has been awarded a five-year, indefinite delivery indefinite quantity (IDIQ) contract from Sikorsky, a Lockheed Martin company, to manufacture gunner window assemblies for the UH-60M Black Hawk helicopter… Read More

October 26, 2022

CPI Aerostructures Receives $4.4M Order From Embraer For Engine Inlet Assemblies

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (OTC Expert Market: CVUA) announced that Embraer S.A. of Brazil (NYSE: ERJ) has placed several orders against a previously announced Long Term Agreement to manufacture engine inlet assemblies for the Embraer Phenom 300 business jets. These new orders will see deliveries continue through 2023… Read More

September 30, 2022

CPI Aerostructures, Inc. Anticipates Trading On NYSE American Exchange to Recommence on October 5

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (OTC Expert Market: CVUA) today announced that it has been informed by NYSE American that the exchange has terminated its proceeding to delist the Company’s common stock… Read More

September 29, 2022

CPI Aerostructures Reports Second Quarter and Six Month 2022 Results

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (OTC Expert Market: CVUA) today announced financial results for the three and six month periods ended June 30, 2022… Read More

September 6, 2022

CPI Aerostructures Reports First Quarter 2022 Results

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (OTC Expert Market: CVUA) today announced financial results for the three month period ended March 31, 2022… Read More

August 19, 2022

CPI Aerostructures Reports Fourth Quarter and Full Year 2021 Results

July 27, 2022

CPI Aero Receives $3.2 Million Order From Boeing Under A-10 Attack Re-Wing Contract

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced today the receipt of purchase orders totaling approximately $3.2 million from Boeing (NYSE: BA) for structural assemblies for the A-10 Thunderbolt II under a previously announced Indefinite Delivery/Indefinite Quantity (IDIQ) contract with a maximum ceiling value of $48 million..… Read More

July 7, 2022

CPI Aero Receives $2.7M Order from Lockheed Martin for F-16V Structural Assemblies

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) today announced that Lockheed Martin (NYSE: LMT) has placed an order against a previously announced multi-year contract to manufacture structural assemblies for the F-16V aircraft, the world’s most technologically advanced fourth generation fighter.… Read More

May 19, 2022

CPI Aero Receives NYSE American Delisting Determination Notification

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that on May 19, 2022 the Company received notice from NYSE American LLC (the “Exchange”) that the staff of NYSE Regulation has determined to commence proceedings to delist the Company’s common stock from the Exchange… Read More

May 13, 2022

CPI Aerostructures Reports Third Quarter and Nine Month 2021 Results

April 19, 2022

CPI Aerostructures Reports Second Quarter and Six Month 2021 Results

March 9, 2022

CPI Aerostructures Appoints Dorith Hakim as Chief Executive Officer, President and Director

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced the appointment of Dorith Hakim as Chief Executive Officer, President and director effective immediately, replacing Douglas McCrosson who is leaving the Company to pursue other opportunities… Read More

March 3, 2022

CPI Aerostructures Receives $4M Contract from Collins Aerospace for Airborne Pod System

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced that Collins Aerospace, a unit of Raytheon Technologies Corp. (NYSE: RTX), has awarded CPI Aero a purchase order to manufacture the Tactical Synthetic Aperture Radar (TacSAR) intelligence, surveillance and reconnaissance (ISR) system… Read More

February 16, 2022

CPI Aero Awarded Contract Worth Up To $20 Million from Raytheon Intelligence & Space for B-52 Radar Rack Structures

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it has been awarded a long-term, indefinite delivery indefinite quantity contract from Raytheon Intelligence & Space (“RI&S”), a Raytheon Technologies business, worth up to a potential $20 million to provide rack assemblies for RI&S’ B-52 AESA radar… Read More

February 3, 2022

CPI Aerostructures Receives $1.9 Million Order for Welded Assemblies

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced that it has received a purchase order for welded structural assemblies from a current customer valued at approximately $1.9 million… Read More

January 12, 2022

CPI Aerostructures CEO Appointed To Aerospace Industries Association’s Board of Governors

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today that President and Chief Executive Officer Douglas McCrosson has been appointed to the Aerospace Industries Association’s (AIA) Board of Governors for 2022… Read More

December 27, 2021

CPI Aerostructures Reports First Quarter 2021 Results

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced financial results for the three-month period ended March 31, 2021… Read More

November 29, 2021

CPI Aerostructures Reports Estimated Results for The First Six Months of 2021

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced estimated financial results for the six-month period ended June 30, 2021… Read More

November 24, 2021

CPI Aerostructures Completes Restatement of 2020 and 2019 Results

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it filed a Comprehensive Form 10-K/A for the twelve-month periods ended December 31, 2020 and December 31, 2019… Read More

November 16, 2021

CPI Aerostructures Authorized by Raytheon Intelligence & Space to Begin Production Phase of Next Generation Jammer Mid-Band Program

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced today that Raytheon Intelligence & Space authorized CPI Aero to begin manufacture of pod structures and air management system components for the initial production phase of the Next Generation Jammer Mid-Band (NGJ-MB) program… Read More

November 1, 2021

CPI Awarded $1M Order for Welded Fluid Tank Assemblies

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today that an undisclosed aerospace OEM has awarded CPI Aero a $1 million contract for complex welded fluid tank assemblies for an unspecified application… Read More

October 27, 2021

Raytheon Intelligence & Space Awards Multi-Million Dollar Contract Modification to CPI Aerostructures to Produce POD Prototypes

EDGEWOOD, NY – CPI Aerostructures, Inc. (“CPI Aero®”) or (the “Company”) (NYSE American: CVU) announced today that Raytheon Intelligence & Space, a Raytheon Technologies business, has increased the value of a previously awarded contract with CPI Aero to produce pod structures… Read More

October 25, 2021

CPI Aerostructures Appoints Andrew Davis Chief Financial Officer

Edgewood, N.Y., - CPI Aerostructures, Inc. (“CPI Aero®”) (the “Company”) (NYSE American: CVU) today announced the appointment of Andrew (“Andy”) L. Davis, a financial executive with more than 30 years of experience in finance and accounting, as chief financial officer effective immediately… Re ad More

June 28, 2021

CPI Aero Receives $3.1 Million Purchase Order from U.S. Air Force for T-38 Aircraft Modification Kits

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) today announced that it has been awarded a $3.1 million purchase order under a previously announced contract from the U. S. Air Force (the “Air Force”) to provide structural modification kits, program management, logistics, and other sustainment services in support of Phase 3 of the T-38C Pacer Classic III Fuselage Structural Modification Kit Integration program (“PCIII”) and the Talon Repair Inspection and Maintenance (“TRIM”) program... Read More

May 20, 2021

CPI Aerostructures Signs New Long-Term Agreement With Sikorsky Valued at $17.2 Million

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) announced that it has entered into a new Long-Term Agreement (LTA) with Sikorsky Aircraft (“Sikorsky”), a Lockheed Martin Company, to overhaul and repair (O&R) outboard stabilator assemblies in support of the Sikorsky MH-60 SEAHAWK Performance-Based Logistics Program... Read More

May 3, 2021

CPI Aerostructures Receives Follow-On Order From Spirit AeroSystems for CH-53K Cabin Rack Assemblies

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) today announced that it was awarded a follow-on order for nearly $1 million from Spirit AeroSystems (NYSE: SPR) to manufacture cabin rack assemblies for new production CH-53K King Stallion Helicopters, built by Sikorsky Aircraft... Read More

April 15, 2021

CPI Aerostructures Receives $4.4 Million Purchase Order From U.S. Air Force for T-38 Aircraft Modification Kits

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) today announced that it has been awarded a $4.4 million purchase order under a previously announced contract from the U. S. Air Force (the “Air Force”) to provide structural modification kits, program management, logistics, and other sustainment services in support of Phase 3 of the T-38C Pacer Classic III Fuselage Structural Modification Kit Integration program (“PCIII”) and the Talon Repair Inspection and Maintenance (“TRIM”) program... Read More

April 15, 2021

CPI Aerostructures Receives $1.7 Million Contract Extension From U.S Government for F-16 Wing Components

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) announced that the United States Government exercised an option to extend the term of a Firm Fixed Price/Indefinite Delivery Indefinite Quantity (FFP/IDIQ) prime contract the Company has with the Defense Logistics Agency for one year ending April 2022... Read More

March 29, 2021

CPI Aerostructures Receives Follow-On Order for Airborne Pod Structural Housings

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) today announced that it was awarded a follow-on order from an undisclosed existing customer to manufacture three airborne pod structural housings. The housings are the primary structural assembly for an externally mounted, pod-based military radar system... Read More

March 17, 2021

CPI Aerostructures Receives $9.2 Million Follow-On Order From Lockheed Martin for F-16 Structural Assemblies

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) today announced that it was awarded a follow-on order from Lockheed Martin (NYSE: LMT) to manufacture structural assemblies for new production F-16 Block 70/72 aircraft ‒ the newest and most advanced F-16 production configuration... Read More

February 18, 2021

CPI Aerostructures Announces Decision to Expand Manufacturing Operations on Long Island

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) today announced that Empire State Development (ESD) has awarded the company up to $2.7 million in Excelsior Jobs tax credits and an ESD Capital Grant of $1.05 million as incentive for CPI Aero to remain headquartered and grow in New York State... Read More

February 16, 2021

CPI Aerostructures Receives $8.7 Million Purchase Order From U.S. Air Force for T-38 Aircraft Modification Kits

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) today announced that it has been awarded a $8.7 million purchase order under a previously announced contract from the U. S. Air Force to provide structural modification kits for the T-38C Pacer Classic III... Read More

January 8, 2021

CPI Aerostructures Awarded Contract From Raytheon Missiles & Defense

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) announced today that it has received an order from Raytheon Missiles & Defense, a Raytheon Technologies business, to manufacture structural assemblies on an undisclosed platform... Read More

December 31, 2020

CPI Aerostructures Reports Third Quarter 2020 Results

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) today announced financial results for the three and nine month periods ended September 30, 2020... Read More

December 28, 2020

CPI Aerostructures and Air Industries Group Agree to Settle Working Capital Dispute

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) today announced financial results for the three and nine month periods ended September 30, 2020... Read More

December 15, 2020

CPI Aerostructures to Collaborate With Wilder Systems on Robotic Manufacturing Research Project for U.S. Army

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) announced that it is participating in Phase I of a Cooperative Research and Development Agreement that Wilder Systems entered into with the U.S. Army... Read More

November 12, 2020

CPI Aerostructures Reports Second Quarter 2020 Results

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) announced it has reached an agreement (“Settlement Agreement”) to resolve its post-closing working capital adjustment dispute with Air Industries Group (“Air Industries”) (NYSE American: AIRI).... Read More

November 9, 2020

CPI Aerostructures Appoints Richard S. Caswell to Board of Directors

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) announced today that Richard S. Caswell has been appointed to its Board of Directors, effective November 4, 2020. He was also appointed Chairperson of the Audit and Finance Committee... Read More

November 6, 2020

CPI Aerostructures Schedules Second Quarter 2020 Earnings Release and Conference Call

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced it will issue its financial results for its fiscal second quarter ended June 30, 2020 before the market open on Thursday, November 12, 2020... Read More

October 21, 2020

CPI Aerostructures Receives Orders Totaling $1.4M From Turkish Aerospace Industries

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today that it has received multiple purchase orders with a total value of approximately $1.4 million from Turkish Aerospace Industries (TAI), the prime contractor for the T70 Turkish Utility Helicopter Program (TUHP)... Read More

September 30, 2020

CPI Aerostructures Reports First Quarter 2020 Results

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced financial results for its first quarter ended March 31, 2020... Read More

August 25, 2020

CPI Aerostructures Reports Fourth Quarter and Full Year 2019 Results

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced financial results for its fourth quarter and year ended December 31, 2019... Read More

June 25, 2020

CPI Aerostructures Receives $5 Million Long-Lead Funding to Supply Wing Components for E-2D Advanced Hawkeye

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced that it received long lead funding of $5 million in anticipation of purchase orders that will total more than $20 million from Northrop Grumman to supply Outer Wing Panel (OWP) structural components and kits for the E-2D Advanced Hawkeye airborne command and control (ACC) aircraft... Read More

June 22, 2020

CPI Aerostructures Receives $1.2 Million Follow-On Order from Lockheed Martin for F-16 Structural Assemblies

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it was awarded a follow-on order from Lockheed Martin (NYSE: LMT) to manufacture structural assemblies for new production F-16 Block 70/72 aircraft... Read More

June 16, 2020

CPI Aerostructures Receives $43.1 Million in New Firm Orders from Northrop Grumman for E-2D Advanced Hawkeye Wing Kits

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it has received multiple purchase orders valued in aggregate at approximately $43.1 million from Northrop Grumman Corp. (NYSE: NOC) for outer wing panel kits used in the manufacture of complete wings for the E-2D Advanced Hawkeye... Read More

June 2, 2020

CPI Aerostructures Receives $14 Million in New Purchase Orders from Boeing Under A-10 Re-Winging Contract

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today the receipt of purchase orders totaling approximately $14 million from Boeing (NYSE: BA) for structural assemblies for the A-10 Thunderbolt II... Read More

May 12, 2020

CPI Aerostructures Selected to Join Northrop Grumman Next Generation Jammer – Low Band Program Team

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced that it received an initial order from Northrop Grumman Corporation to supply structural components, assemblies and supporting risk reduction activities in support of Northrop Grumman’s proposal to the U.S. Navy for the Next Generation Jammer-Low Band (NGJ-LB) system... Read More

April 13, 2020

CPI Aerostructures Secures $4.8 Million Loan Under Paycheck Protection Program Provision of Cares Act

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced that it closed on a $4.8 million loan under the Payroll Protection Program (PPP) (the “Loan”) contained within the new Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law by President Trump on March 27, 2020... Read More

March 30, 2020

CPI Aerostructures Receives $5.6 Million Purchase Order From U.S. Air Force for T-38 Aircraft Modification Kits

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it has been awarded a $5.6 million purchase order under a previously announced contract from the U. S. Air Force (the “Air Force”) to provide structural modification kits, program management, logistics, and other sustainment services in support of Phase 3 of the T-38C Pacer Classic III Fuselage Structural Modification Kit Integration program (“PCIII”) and the Talon Repair Inspection and Maintenance (“TRIM”) program... Read More

March 24, 2020

CPI Aero is Deemed Exempt from New York State 'WORK FROM HOME' Mandate

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it has been classified as an ‘essential business’ by New York State and is, therefore, exempt from the state’s mandate that all non-essential New York businesses close until further notice... Read More

February 26, 2020

CPI Aerostructures Receives $4.5 Million Purchase Order From U.S. Air Force for T-38 Aircraft Modification Kits

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it has been awarded a $4.5 million purchase order under a previously announced contract from the U.S. Air Force (the “Air Force”) to provide structural modification kits, program management, logistics, and other sustainment services in support of Phase 3 of the T-38C Pacer Classic III Fuselage Structural Modification Kit Integration program (“PCIII”) and the Talon Repair Inspection and Maintenance (“TRIM”) program... Read More

February 5, 2020

CPI Aerostructures Subsidiary WMI Receives $4 Million in New Orders from Northrop Grumman for Welded Assemblies and Tubes for E-2D Advanced Hawkeye

EDGEWOOD, N.Y. -- CPI Aerostructures, Inc. (NYSE American: CVU) today announced that its Welding Metallurgy, Inc. subsidiary (WMI) has been awarded purchase orders totaling $4 million from Northrop Grumman Corporation (NYSE:NOC) for welded structure and tube assemblies for the E- 2D Advanced Hawkeye (E-2D) aircraft... Read More

January 28, 2020

CPI Aero to Mark 40th Anniversary with Ringing of NYSE Closing Bell on January 29, 2020

EDGEWOOD, N.Y. -- CPI Aerostructures, Inc. (“CPI Aero®”) today announced that President and CEO Douglas McCrosson will be joined by members of the company’s Board of Directors and senior management to ring the closing bell at the New York Stock Exchange on Wednesday, January 29, 2020, to commemorate the 40th anniversary of the company’s incorporation... Read More

November 6, 2019

CPI Aerostructures Reports Third Quarter Financial Results

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced financial results for the three and nine-month periods ended September 30, 2019… read more

November 4, 2019

CPI Aerostructures to Host 2019 Third Quarter Conference Call on Wednesday, November 6

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced that it will issue its financial results for its fiscal third quarter ended September 30, 2019, before the market open on Wednesday, November 6, 2019… read more

October 28, 2019

Raytheon Awards $2.3 Million Purchase Order to CPI Aerostructures to Produce Pod Prototypes

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today that Raytheon Company (NYSE: RTN) selected it to produce pod structures… read more

October 24, 2019

CPI Aerostructures Wins Aviation Week Program Excellence Award

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it has won Aviation Week Network’s Program Excellence Award in the supplier system design category... read more

October 17, 2019

Boeing Awards $48 Million A-10 Re-Winging Contract to CPI Aerostructures

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today the receipt of an Indefinite Delivery/Indefinite Quantity (IDIQ) contract with a maximum ceiling value of $48 million from Boeing (NYSE: BA) for structural assemblies for the A-10 Thunderbolt II... read more

October 10, 2019

CPI Aerostructures Named Aviation Week Program Excellence Award Finalist

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it has been named a finalist for Aviation Week Network’s Program Excellence Award in the Supplier System Design category... read more

September 11, 2019

CPI Aerostructures Awarded Purchase Orders Totaling $4.6 Million from Turkish Aerospace Industries

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today that it has received orders valued at approximately $4.6 million from Turkish Aerospace Industries (TAI), the prime contractor for the T70 Turkish Utility Helicopter Program (TUHP)… read more

September 4, 2019

CPI Aerostructures Authorized by Raytheon to Begin Next Phase of Next Generation Jammer Mid-Band Program

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today that Raytheon Company (NYSE: RTN) authorized CPI Aero to begin production of pod structures and air management system (AMS) components for the System Demonstration and Test Article (SDTA) phase of the Next Generation Jammer Mid-Band (NGJ-MB) program… read more

August 29, 2019

CPI Aerostructures to Participate in 25th Annual G.research Aerospace & Defense Conference on Sept 5

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it will participate in the G.research Aerospace & Defense Conference being held on September 5, 2019 in New York City.... read more

August 26, 2019

CPI Aero's WMI Subsidiary Receives New Orders from Northrop Grumman for Inflight Refueling Probe Assemblies

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that its Welding Metallurgy, Inc. subsidiary (WMI) has been awarded $1.23 million in new requirements for aerial refueling probe assemblies... read more

August 7, 2019

CPI Aero Reports Second Quarter Financial Results

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced financial results for the three and six-month periods ended June 30, 2019… read more

August 5, 2019

CPI Aerostructures to Host 2019 Second Quarter Conference Call on Wednesday, August 7

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced that it will issue its financial results for its fiscal second quarter ended June 30, 2019 before the market open on Wednesday, August 7, 2019… read more

July 29, 2019

CPI Aero Announces $65.7 Million Air Force Contract for T-38 Aircraft Modification Kits

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it has been awarded a $65.7 million indefinite-delivery/indefinite-quantity (IDIQ) contract... read more

July 22, 2019

CPI Aero to Participate at Upcoming Investor Conferences

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

June 13, 2019

CPI Aero Secures Additional Orders from Sikorsky for HIRSS Module Assemblies Used in UH-60 Black Hawk Helicopters

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today that it has received purchase orders totaling approximately $14 million from Sikorsky, a Lockheed Martin Company, for Hover Infrared Suppression System (HIRSS) module assemblies... read more

May 10, 2019

CPI Aerostructures Reports Strong First Quarter Financial Results

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced financial results for the three month period ended March 31, 2019... read more

May 7, 2019

CPI Aerostructures to Host 2019 First Quarter Conference Call on Friday, May 10

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced hat it will issue its financial results for its fiscal first quarter ended March 31, 2019 before the market open on Friday, May 10, 2019... read more

April 16, 2019

CPI Aerostructures Appoints Janet K. Cooper to Board of Directors

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that Janet K. Cooper has been appointed to its Board of Directors. Ms. Cooper’s appointment is effective immediately and expands the Company’s board to eight directors... read more

March 13, 2019

CPI Aerostructures Announces Fourth Quarter and Full Year 2018 Financial Results

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced financial results for the fourth quarter and year ended December 31, 2018... read more

March 12, 2019

CPI Aerostructures to Host 2018 Fourth Quarter and Year-End Conference Call on March 13

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced that it will issue its financial results for its fiscal fourth quarter and full year ended December 31, 2018 before the market open on Wednesday, March 13, 2019... read more

February 25, 2019

CPI Aerostructures Announces $8.1 Million Contract for E-2D Advanced Hawkeye Wing Kits from Northrop Grumman

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it has received a contract with a maximum value of $8.1 million from Northrop Grumman Corp. (NYSE: NOC) for outer wing panel kits used in the manufacture of complete wings for the E-2D Advanced Hawkeye... read more

February 21, 2019

CPI Aerostructures WMI Subsidiary Receives $700,000 Order from U.S. Air Force Materiel Command for Electrical Relay Boxes for A-10 Aircrafts

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that its Welding Metallugy, Inc. subsidiary (WMI) has been awarded a $700,000 contract by the U.S. Air Force Materiel Command to manufacture electrical relay boxes for A-10 Thunderbolt aircraft... read more

February 20, 2019

CPI Aerostructures Awarded Multi-Year Contract by Lockheed Martin for F-16V Structural Assemblies

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it has been awarded a multi-year contract by Lockheed Martin (NYSE: LMT) to manufacture structural assemblies for the F-16V aircraft... read more

January 28, 2019

CPI Aerostructures Awarded Contract from Sikorsky

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today that it has been awarded an approximate $1 million program from Sikorsky, a Lockheed Martin Company (NYSE: LMT), to manufacture a structural assembly used in the interior of Sikorsky helicopters... read more

January 18, 2019

CPI Aerostructures to Participate at the Noble Financial Capital Markets' 15th Annual Investor Conference

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that management is scheduled to present at NobleConXV - Noble Capital Markets’ Fifteenth Annual Investor Conference at the W Hotel, Fort Lauderdale, Florida... read more

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