May 12, 2020

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

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 23, 2020

Raytheon Technologies Recognizes CPI Aerostructures with 2020 Premier Supplier Excellence Award

today announced that it received a 2020 Premier Supplier Excellence Award from Raytheon Company (“Raytheon”) for its outstanding performance, contribution, and support to Raytheon’s programs....    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...    read more

 

 

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