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August 25, 2020

CPI Aerostructures Reports Fourth Quarter and Full Year 2019 Results

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) 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®”) 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®”) 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

 

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®”) announced today 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®”) announced today the receipt of purchase orders totaling approximately $14 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

 

May 12, 2020

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

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) 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 Aero Secures $4.8 Million Loan Under Paycheck Protection Program Provision of Cares Act

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) 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...    read more

 

March 30, 2020

CPI Aero Receives $5.6 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 $5.6 million purchase order under a previously announced contract from the U. S. Air Force (the “Air Force”)...    read more

 

 

March 24, 2020

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

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”) today announced that it has been classified as an ‘essential business’ by New York State and is, therefore, exempt from the state’s mandate...    read more

 

February 26, 2020

CPI Aero Receives $4.5 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 $4.5 million purchase order under a previously announced contract from the U. S. Air Force (the “Air Force”)...    read more

 

February 14, 2020

CPI Aerostructures to Restate Fiscal 2018 and Year-to-Date Fiscal 2019 Financial Statements as a Result of Errors in Connection with Revenue Recognition under ASC Topic 606

Edgewood, NY - CPI Aerostructures, Inc. (“CPI Aero®”)  today announced that the Audit Committee of the Board of Directors of CPI Aero determined, based on the recommendation of management and in consultation with CPI Aero’s independent registered public accounting firm,...    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, NY - 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, NY - 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...    link

 

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.    link

 

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.    link

 

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.    link

 

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.    link

 

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.    link

 

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.    link

 

 

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