reports
CPI Aerostructures Appoints Robert Mannix as Chief Financial Officer
CPI Aerostructures Appoints Robert Mannix as Chief Financial Officer EDGEWOOD, N.Y., Dec. 09, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced today that it has appointed Robert Mannix to the position of Chief Financial Officer. Pamela Levesque, Interim Chief Financial Officer, will step down but will remain on CPI Aero’s Board of Directors. Mr. Mannix has over 30 years of experience in all aspects of financial operations at publicly-traded companies including accounting, financial reporting, audit and compliance, treasury, t...
CPI Aerostructures Announces Dorith Hakim’s Appointment to the Aerospa...
CPI Aerostructures Announces Dorith Hakim’s Appointment to the Aerospace Industry Association’s Executive Committee EDGEWOOD, N.Y., Dec. 05, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced today that Dorith Hakim has been appointed to the Aerospace Industry Association’s Executive Committee. AIA is the primary trade association and advocacy group for the U.S. aerospace and defense industry, representing a wide range of member companies. Its main purpose is to advocate for the industry's interests on legislative, policy, and t...
CPI Aerostructures Awarded Lot 5 Production Contract of Next Generatio...
CPI Aerostructures Awarded Lot 5 Production Contract of Next Generation Jammer Mid-Band Program by Raytheon Technologies - Production Order for Pods and Air Management System valued at up to $42.3 Million – EDGEWOOD, N.Y., Nov. 20, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced today that Raytheon, an RTX business, authorized CPI Aero to begin manufacturing of Pods and Air Management System (AMS) for the follow-on Lot 5 Production phase of the Next Generation Jammer Mid-Band (NGJ-MB) program. Initial funding is set at $21.1...
CPI Aerostructures Reports Third Quarter and Nine Month 2025 Results
CPI Aerostructures Reports Third Quarter and Nine Month 2025 Results Third Quarter 2025 vs. Third Quarter 2024 Revenue of $19.3 million compared to $19.4 million;Gross profit of $4.3 million compared to $4.2 million;Gross margin of 22.3% compared to 21.7%;Net income of $1.1 million compared to net income of $0.7 million;Earnings per share of $0.09 compared to earnings per share of $0.06;EBITDA(1) of $1.9 million compared to $1.7 million. Nine Months 2025 vs. Nine Months 2024 Revenue of $49.8 million compared to $59.3 million;Gross profit of $6.6 million compared to $12.9 million;Gr...
CPI Aerostructures Comments on Unusual Trading Activity
CPI Aerostructures Comments on Unusual Trading Activity EDGEWOOD, N.Y., Oct. 30, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero” or the “Company”) (NYSE American: CVU) today issued the following statement pursuant to Section 401(d) of the NYSE American Company Guide and at the request of the NYSE American, in connection with today’s unusual trading activity in the Company’s common stock: The Company has conducted internal review and inquiries and confirms that it is not aware of any material, undisclosed corporate developments that would account for the unusual trading acti...
CPI Aerostructures Awarded Contract of Structural Assemblies by Raythe...
CPI Aerostructures Awarded Contract of Structural Assemblies by Raytheon Missiles & Defense Production Order for Structural Missile Wings EDGEWOOD, N.Y., Oct. 30, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero”) (NYSE American: CVU) announced today that it has received an order from Raytheon, an RTX business, to manufacture structural missile wing assemblies for an undisclosed platform. This is a single source firm fixed price order with deliveries to start in 2026. “CPI is proud to be a key supplier to Raytheon across several Strategic Business Units and Product Lines. T...
CPI Aero Receives $10.2 Million of Purchase Orders from U.S. Air Force...
CPI Aero Receives $10.2 Million of Purchase Orders from U.S. Air Force for T-38 Aircraft Modification Kits - Increases Funded Orders under Previously Awarded Multi-year Contract to $61.1 million – EDGEWOOD, N.Y., Oct. 06, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that it has received multiple purchase orders totaling $10.2 million under a previously announced Indefinite Delivery/Indefinite Quantity (IDIQ) contract from the U.S. Air Force valued at up to $65.7 million to provide structural modification kits, program ma...
CPI Aerostructures Reports Second Quarter and Six Month 2025 Results
CPI Aerostructures Reports Second Quarter and Six Month 2025 Results Second Quarter 2025 vs. Second Quarter 2024 Revenue of $15.2 million compared to $20.8 million; Gross profit of $0.7 million compared to $5.1 million; Gross margin of 4.4% (17.1% excluding A-10 Program impact) compared to 24.6%; Net (loss) income of $(1.3) million compared to net income of $1.4 million; (Loss) earnings per share of $(0.10) compared to earnings per share of $0.11; Adjusted EBITDA(1) of $(1.7) million ($0.6 million excluding A-10 Program impact) compared to $2.6 million. Six Mont...
CPI Aero Receives $2.5 Million of Purchase Orders From U.S. Air Force ...
CPI Aero Receives $2.5 Million of Purchase Orders From U.S. Air Force for T-38 Aircraft Modification Kits Increases Funded Orders under Previously Awarded Multi-year Contract to $50.8 million EDGEWOOD, N.Y., Aug. 04, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that it has received multiple purchase orders totaling $2.5 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 i...
CPI Aerostructures Receives Follow-on Orders Totaling $2.4 Million for...
CPI Aerostructures Receives Follow-on Orders Totaling $2.4 Million for Welded Assemblies EDGEWOOD, N.Y., July 30, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) today announced that it has received follow-on orders from multiple existing customers totaling $2.4 million to weld complex structural assemblies used on a U.S. military helicopter. Deliveries are expected to occur through mid-2026. “CPI Aero’s world-class fusion welding capability is highly regarded throughout the industry. NADCAP certified to numerous OEM welding specifi...
- Nicholas Cortellucci
- CFA
Small-Caps Positioned to Benefit from Multi-Year Defence Spending Cycl...
What you need to know: • Defence and aerospace small-cap equities are emerging as key beneficiaries of increasing government defence budgets. • Canada has committed to meeting NATO’s 2% GDP target by 2025-2026, with interim boosts totalling C$9B in new spending. • Demand for fighter jets, naval systems, NORAD upgrades, and drone defence create multi-year tailwinds for niche suppliers. • Valuations remain below large-cap peers and historical averages despite strong revenue growth, record backlogs...
KVHI KVH INDUSTRIES INC.
TATT TAT TECHNOLOGIES LTD.
BOSC BOS BETTER ONLINE SOLUTIONS
FTG FIRAN TECHNOLOGY GROUP CORP.
MAL MAGELLAN AEROSPACE CORP.
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CGY CALIAN GROUP LTD
IMP INTERMAP TECHNOLOGIES CORP.
CODA CODA OCTOPUS GROUP INC.
OSS ONE STOP SYSTEMS
MOD MOBILICOM LTD
ONDS ONDAS HOLDINGS INC
RCAT RED CAT HLDGS INC
MPTI M TRON INDUSTRIES INC
CNG KRAKEN ROBOTICS INC
NSCI NANALYSIS SCIENTIFIC CORP
SCAN LIBERTY DEFENSE HOLDINGS LTD
VOL VOLATUS AEROSPACE CORP
CPI Aerostructures Appoints Paula Castellano to Leadership Team as Sen...
CPI Aerostructures Appoints Paula Castellano to Leadership Team as Senior Vice President, Operations EDGEWOOD, N.Y., July 01, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) today announced that it has appointed Paula Castellano to the position of Senior Vice President, Operations. Ms. Castellano, 59, has extensive experience in Operations leadership and management, Lean and Six Sigma, production control, engineering, planning and customer service. Most recently, she served as Site Director at GKN Aerospace responsible for opera...
CPI Aerostructures, Inc. and MST Manufacturing Sign Long Term Agreemen...
CPI Aerostructures, Inc. and MST Manufacturing Sign Long Term Agreement PARIS, June 17, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced today that it has signed another Long-Term Agreement (“LTA”) with MST Manufacturing (“MST”) during the international air show in Paris, France, for the supply of components in support of its aerostructures production. This LTA will cover CPI Aero’s requirements from MST through the end of calendar year 2028. “We’ve had a strong relationship with MST and, this second LTA reflects their perfor...
CPI Aerostructures Reports First Quarter 2025 Results
CPI Aerostructures Reports First Quarter 2025 Results First Quarter 2025 vs. First Quarter 2024 Revenue of $15.4 million compared to $19.1 million; Gross profit of $1.6 million compared to $3.6 million; Gross margin of 10.7% compared to 18.6%; Net (loss) income of $(1.3) million compared to net income of $0.2 million; (Loss) earnings per share of $(0.10) compared to earnings per share of $0.01; Adjusted EBITDA(1) of $(0.8) million compared to $1.2 million; Cash flow used in operations of $2.7 million compared to $1 million. EDGEWOOD, N.Y., May 15, 2025 (GLOBE NEWSWIRE) -- CPI Aer...
CPI Aerostructures Delivers Airborne Pod Structure in Support of North...
CPI Aerostructures Delivers Airborne Pod Structure in Support of Northrop Grumman’s Airborne Laser Mine Detection Program for Korea 1st pod delivery for Northrop Grumman’s EMD Phase of Program with KAI EDGEWOOD, N.Y., April 07, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced today that they completed production and delivery of an Airborne Laser Mine Detection System (ALMDS) pod structure for Northrop Grumman. The pod supports a contract awarded to Northrop Grumman in February 2023 by Korea Aerospace Industries, Ltd. (KAI), ...
CPI Aerostructures Reports Fourth Quarter and Full Year 2024 Results
CPI Aerostructures Reports Fourth Quarter and Full Year 2024 Results Fourth Quarter 2024 vs. Fourth Quarter 2023 Revenue of $21.8 million compared to $23.5 million;Gross profit of $4.3 million compared to $4.1 million;Gross margin of 20.0% compared to 17.4%;Net income of $1.0 million ($1.4 million excluding deferred tax asset valuation impact) compared to net income of $14.8 million ($0.6 million excluding deferred tax asset valuation impact);Earnings per share of $0.08 ($0.11 excluding deferred tax asset valuation impact) compared to earnings per share of $1.20 ($0.05 excluding deferred ...
CPI Aerostructures Receives Several Contracts from Sikorsky to Support...
CPI Aerostructures Receives Several Contracts from Sikorsky to Support MH-60 Seahawk Helicopter Sustainment EDGEWOOD, N.Y., Feb. 03, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that it has received several funded orders totaling $7 million for overhaul and repair of the outboard stabilator assemblies in support of the Sikorsky MH-60 SEAHAWK helicopter. These funded orders were issued against a previously announced five-year, indefinite delivery indefinite quantity (IDIQ) contract from Sikorsky. “Repair and overhaul servi...
CPI Aerostructures Receives Orders to Support the UH-60M Black Hawk He...
CPI Aerostructures Receives Orders to Support the UH-60M Black Hawk Helicopter from Sikorsky EDGEWOOD, N.Y., Jan. 21, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that it has received several contracts totaling $4.3 Million for gunner window assemblies for the UH-60M Black Hawk® helicopter as part of a previously announced five-year, indefinite delivery indefinite quantity (IDIQ) contract. “CPI Aero has delivered over 6,000 of these gunner window assemblies to Sikorsky since 2010, demonstrating our continuous commit...
CPI Aerostructures Awarded Lot 4 Production Contract of Next Generatio...
CPI Aerostructures Awarded Lot 4 Production Contract of Next Generation Jammer Mid-Band Program by Raytheon Technologies – Production Order for pods and air management system components valued at up to $33.4 Million – EDGEWOOD, N.Y., Jan. 13, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced today that Raytheon Technologies authorized CPI Aero to begin manufacturing of pod structures and air management system components for the follow-on Lot 4 Production phase of the Next Generation Jammer Mid-Band (NGJ-MB) program. The bindi...
CPI Aerostructures Appoints Aerospace Industry Executive Carey Bond as...
CPI Aerostructures Appoints Aerospace Industry Executive Carey Bond as Chairman of its Board of Directors EDGEWOOD, N.Y., Jan. 06, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU), a leading manufacturer of structural assemblies in both the commercial and military defense aerospace markets, announced today that it has appointed Aerospace industry executive Carey Bond as Chairman of its Board of Directors effective immediately. Mr. Bond succeeds Terry Stinson, who has stepped down from the role in a planned succession after 6 years of se...
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