CPI Aerostructures Receives Orders from Collins Aerospace for RF/EMI Shielded Enclosures EDGEWOOD, N.Y., March 12, 2026 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero” or the “Company”) (NYSE American: CVU) announced that Hamilton Sundstrand, a part of Collins Aerospace, has placed follow-on orders for RF/EMI (Radio Frequency/Electromagnetic Interference) shielded enclosures. These new orders will see deliveries continue through mid-2027. Compac Development Corporation, a wholly-owned subsidiary of CPI Aero, is a leading producer of RF/EMI shielded enclosures. Established in 197...
CPI Aerostructures Receives Funded Orders from Sikorsky to Support MH-60 SEAHAWK Helicopter Sustainment EDGEWOOD, N.Y., March 09, 2026 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that it has received several funded orders totaling $4 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 services...
CPI Aerostructures Receives Follow-on Orders Totaling $6 Million for Airborne Pods from Raytheon EDGEWOOD, N.Y., March 03, 2026 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that it has received funded orders totaling $6 million for Airborne Pods from Raytheon’s Advanced Products & Solutions Strategic Business Unit. This program adds to the growing list of Airborne Pod Programs in CPI’s Aerosystems Segment. The SOW includes the design and development of assembly tools and fixturing, procurement of complex monolithic machine part...
CPI Aerostructures Receives $4.2M Order from Embraer for Engine Inlet Assemblies EDGEWOOD, N.Y., Feb. 26, 2026 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero” or the “Company”) (NYSE American: CVU) announced that Embraer S.A. of Brazil (NYSE: EMBJ) has placed several additional orders totaling $4.2 million against a previously announced Life of Program Agreement to manufacture engine inlet assemblies for the Embraer Phenom 300 business jets. These new orders will see deliveries continue through mid-2026 with continued funding anticipated in support of this life-of-program contrac...
CPI Aerostructures Receives Additional Orders Worth $9M From Lockheed Martin for F-16 Structural Assemblies EDGEWOOD, N.Y., Feb. 24, 2026 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero” or the “Company”) (NYSE American: CVU) announced that Lockheed Martin Aeronautics has placed several additional orders totaling $9 million against a previously announced Long Term Agreement to manufacture the Rudder Island Drag Chute Canister (RI/DCC) assemblies for the F-16 Block 70/72 fighter jets. These new orders will see deliveries continue through 2028. CPI Aero delivered its first RI/DCC a...
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 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 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 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 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 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 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 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 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 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...
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...
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 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 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 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), ...
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