20-Apr-2023Source: CPI Aerostructures
CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) 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. “These follow-on orders demonstrate our customer’s continued confidence in CPI’s... Read more
21-May-2021Source: CPI Aerostructures
CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) 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. The Company estimates this new LTA is valued at $17.2... Read more
23-Oct-2020Source: CPI Aerostructures
CPI Aerostructures, Inc. (“CPI Aero®”) (the “Company”) (NYSE American: CVU) announced 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). In September 2019, the Company announced receiving a multi-year contract from TAI to... Read more
13-Sep-2019Source: Turkish Aerospace Industries
CPI Aerostructures, Inc. (“CPI Aero®”) (the “Company”) (NYSE American: CVU) announced 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). The multi-year purchase orders call for CPI Aero to manufacture window assemblies on 109 T70 aircraft over an... Read more
24-Jun-2019Source: CPI Aerostructures
CPI Aerostructures, Inc. (“CPI Aero”) (NYSE American: CVU) announced that it has received purchase orders totaling approximately $14 million from Sikorsky, a Lockheed Martin Company, for Hover Infrared Suppression System (HIRSS) module assemblies for use as spares on older variants of the UH-60 Black Hawk helicopter. Deliveries under these orders will commence in 2020 and... Read more
30-Jan-2019Source: CPI Aerostructures
CPI Aerostructures, Inc. (“CPI Aero”) (NYSE American: CVU) announced 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. Work on the structural assemblies will begin immediately with first delivery in early 2019. The period... Read more