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CPI Aerostructures Receives Nadcap Accreditation
For Painting And Priming Of Aircraft Structure
December 17, 2015
Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) is proud to announce it has received Nadcap accreditation for painting and dry film coatings. Nadcap is a global standards setting program for aerospace, defense and other related industries. CPI now appears on the Qualified Manufacturers List (QML) for chemical processing per Nadcap standard AC7108/01 Rev B (Painting and Dry Film Coatings) and AC7108 Rev G (Chemical Processing). In addition to these processing standards, CPI Aero performs the following tests in support of its accreditation; Conductivity Testing, Coating Thickness Measurement and Adhesion Testing.
Douglas McCrosson, President and CEO of CPI Aero, stated, “It is no easy task to be Nadcap certified. It requires a strong commitment to quality, process control and continuous improvement. This is yet another way in which we are delivering on our promise to manufacture the highest quality aircraft structure. We know that this certification is important to our customers, particularly our defense industry customers, and we are excited to be able to offer this new capability.”
Created in 1990 by SAE, Inc., Nadcap is administered by the not-for-profit Performance Review Institute. PRI exists to advance the interests of the mobility and related industries through development of performance standards and administration of quality assurance, accreditation, and certification programs for the benefit of industry, government, and the general public.
About CPI Aero
CPI Aero is a U.S. manufacturer of structural assemblies for fixed wing aircraft, helicopters and airborne Intelligence Surveillance and Reconnaissance pod systems in both the commercial aerospace and national security markets. Within the global aerostructure supply chain, CPI Aero is either a Tier 1 supplier to aircraft OEMs or a Tier 2 subcontractor to major Tier 1 manufacturers. CPI also is a prime contractor to the U.S. Department of Defense, primarily the Air Force. In conjunction with its assembly operations, CPI Aero provides engineering, program management, supply chain management, and MRO services. Among the key national security programs that CPI Aero supplies are the E-2D Advanced Hawkeye surveillance aircraft, the UH-60 BLACK HAWK® helicopter, the MH-53/CH-53 variant helicopters, the F-16 fighter aircraft, the MH-60S mine countermeasure helicopter, the AH-1Z ZULU attack helicopter, the DB-110 reconnaissance pod and the ALMDS mine detecting pod. In the commercial aviation market CPI Aero manufactures products for the Gulfstream G650 ultra-large cabin business jet, the HondaJet advanced light jet, the Embraer Phenom 300 business jet, the new Cessna Citation X+, and the S-92® helicopter. CPI Aero is included in the Russell Microcap® Index.
The above statements include forward looking statements that involve risks and uncertainties, which are described from time to time in CPI Aero’s SEC reports, including CPI Aero’s Form 10-K for the year ended December 31, 2014 and Form 10-Q for the quarters ended March 31, 2015, June 30, 2015, and September 30, 2015.
CPI Aero® is a registered trademark of CPI Aerostructures, Inc.
Chief Financial Officer
Investor Relations Counsel:
Jody Burfening/Sanjay M. Hurry
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Phone: 631-586-5200 | Fax: 631-586-5840