December 23, 2014

CPI Aero Receives Notice to Resume Work on Its $53.5 Million
F-16 Wing Component Contract

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it has received a notice from the Defense Logistics Agency (DLA) to resume work on its previously announced contract to provide structural wing components and logistical support for F-16 aircraft maintenance, repair and overhaul operations (MRO).  read more

 

December 5, 2014

CPI Aerostructures to Present at the D.A. Davidson 6th Annual Aerospace & Industrials Conference on December 11th

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that its management will participate in private one-on-one and small group meetings at the D.A. Davidson 6th Annual Aerospace & Industrials Conference on Thursday, December 11, 2014, at the Boston Harbor Hotel in Boston, MA. Investors will be able to download the most recent PowerPoint Presentation via the Investor Relations section of CPI Aero’s website, www.cpiaero.comread more

 

November 21, 2014

CPI Aero Receives Protest in Connection With F-16 Wing Components Contract

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that its status as a small business concern has been protested in connection with its previously announced receipt of a U.S. Government prime contract from the Defense Logistics Agency (DLA) to provide structural wing components and logistical support for F-16 aircraft maintenance, repair and overhaul operations.  read more

 

November 21, 2014

CPI Aerostructures to Host a Live Audio Webcast of Its Analyst & Investor Day

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it will host a live audio webcast of its Analyst & Investor Day, on Monday, November 24, 2014, beginning with presentations by the company’s management at approximately 10:45 am ET and concluding at approximately 2:00 pm ET.  read more

 

November 17, 2014

CPI Aero Announces $53.5 Million Multi-Year Contract for F-16 Wing
Components From the Defense Logistics Agency

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it has received a U.S. Government prime contract from the Defense Logistics Agency (DLA) to provide structural wing components and logistical support for global F-16 aircraft maintenance, repair and overhaul (MRO) operations. DLA Aviation, Richmond, VA is the contracting activity. 
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November 4, 2014

CPI Aerostructures Announces 2014 Third Quarter Results

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced financial results for 2014 third quarter ended September 30, 2014. Third Quarter 2014 Highlights Revenue increased 4% to $21,487,677 Gross margin was 20.8% Pre-tax income was $2,602,547 Net income was $1,697,547, or $0.20 per diluted share Cash flow from operations was $1.76 million Received $86 million multi-year award from Northrop Grumman. Funded backlog exceeds $141 million, up $30 million for the year   read more

 

November 3, 2014

CPI Aero Announces $86 Million Multi-Year Contract for Wing Kits
From Northrop Grumman

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) has received a multi-year contract worth approximately $86.1 million from Northrop Grumman Corporation (NYSE: NOC) for Outer Wing Panel (OWP) kits. The kits are for use in the manufacture of complete wings for the E-2D Advanced Hawkeye and the C-2A Greyhound aircraft. This contract includes approximately $63.6 million in new funded backlog and approximately $22.5 million in requirements that were released to CPI Aero in 2013.  
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October 27, 2014

CPI Aerostructures to Report 2014 Third Quarter Financial Results and Conduct Conference Call on Tuesday, November 4th

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it will issue its financial results for the quarter ended September 30, 2014 on Tuesday, November 4, 2014 prior to the opening of the stock market.   read more

 

October 20, 2014

CPI Aerostructures to Host an Analyst & Investor Day on
November 24th

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it will host its Analyst & Investor Day on Monday, November 24, 2014.   read more

 

August 21, 2014

CPI Aerostructures to Participate at the Cowen and Company Global Transportation & Aerospace/Defense Conference on Thursday, September 4th

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that its management will participate at the Cowen and Company Global Transportation & Aerospace/Defense Conference on Thursday, September 4, 2014, at The Boston Harbor Hotel in Boston, MA.  read more

 

August 7, 2014

CPI Aerostructures to Participate in Upcoming Investor Conferences

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that its management will participate in the following investor conferences:

  • August 13th: Jefferies Global Industrials Conference – Grand Hyatt Hotel in NYC
  • August 14th: Canaccord Genuity Growth Conference – Intercontinental Hotel in Boston
  • August 26th: Midwest IDEAS Investor Conference – Hard Rock Hotel in Chicago

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August 7, 2014

CPI Aerostructures Announces Second Quarter 2014 Results

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) Summary Highlights Results included a one-time, non-cash charge related to the A-10 Wing Replacement Program (WRP) Second quarter adjusted EPS of $0.20 on adjusted revenue of $21.0 million On track to achieve 2014 guidance, excluding the non-cash A-10 WRP charge Reaffirms 2015 guidance GAAP quarterly loss to result in more than $14 million.  
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August 1, 2014

CPI Aerostructures to Report 2014 Second Quarter Financial Results and Conduct Conference Call on Thursday, August 7th

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it will issue its financial results for the second quarter ended June 30, 2014 on Thursday, August 7, 2014 prior to the opening of the stock market.   read more

 

July 14, 2014

CPI Aero Announces Additional Orders to Manufacture Inlet Assemblies for Embraer

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3), headquartered in São José dos Campos, Brazil, has amended its 2012 long term supply agreement with CPI Aero for the manufacture of engine inlet assemblies for the Phenom 300 business jet.   read more

 

June 17, 2014

CPI Aerostructures Elects Terry Stinson to Its Board of Directors

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU)  today announced that during the Annual Meeting of Shareholders Terry Stinson was elected to its Board of Directors. Mr. Stinson will serve a three-year term.   read more

 

June 2, 2014

CPI Aerostructures to Participate at Investor Conferences in

June, 2014

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that its management will participate in the following conferences for institutional investors in June:

  • June 5th: UBS Aerospace & Defense One-on-One Investor Conference at UBS Investment Bank offices in NYC.
  • June 12th: Drexel Hamilton Aerospace & Defense Conference at Westin New York Times Square Hotel in NYC.

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May 22, 2014

CPI Aerostructures to Participate at the Benchmark Company One-on-One Investor Conference on Thursday, May 29th

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU)  today announced that its Chief Executive Officer, Douglas McCrosson, will participate in private and small group meetings at the Benchmark Company One-on-One Investor Conference, on Thursday, May 29, 2014, at The Pfister Hotel in Milwaukee, WI.

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May 20, 2014

CPI Aero Receives New Orders from Cessna Totaling $4 Million

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it received a purchase order from Cessna Aircraft Company, part of the Textron Aviation segment of Textron Inc. (NYSE:TXT), to supply wing spar assemblies on their flagship aircraft, the Citation X+.    read more

 

May 14, 2014

CPI Aerostructures to Present at the B. Riley & Co. Annual Investor Conference on Tuesday, May 20th

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that its Chief Financial Officer, Vincent Palazzolo will present at the B. Riley & Co. Annual Investor Conference, on Tuesday, May 20, 2014 at 9:00 am PT / 12:00 pm ET at the Loews Santa Monica Beach Hotel in Southern California.

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May 8, 2014

CPI Aerostructures Announces First Quarter 2014 Results

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced financial results for 2014 first quarter ended March 31, 2014. First Quarter 2014 vs. First Quarter 2013 Revenue increased by 9.8% to $21,883,517, compared to $19,927,433; Gross margin was 20.5%, compared to 22.3%; Pre-tax income increased by 3.6% to $2,508,869, compared to $2,421,276; and, Net income increased by 3.4% to $1,728,869  read more

 

April 28, 2014

CPI Aerostructures to Report 2014 First Quarter Financial Results and Conduct Conference Call on Thursday, May 8th

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it will issue its financial results for the first quarter ended March 31, 2014 on Thursday, May 8, 2014 prior to the opening of the stock market.   read more

 

March 7, 2014

CPI Aerostructures to Present at the Roth Capital Partners 26th Annual OC Growth Conference on Tuesday, March 11th

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that its President & CEO, Douglas McCrosson, will present at the Roth Capital Partners 26th Annual OC Growth Stock Conference on Tuesday, March 11th at 11:00 am ET / 8:00 am PT, at the Ritz-Carlton in Laguna Niguel, CA.

 

Investors will be able to access the live webcast of the presentation via the following link: http://wsw.com. Access to the site is public and the webcast will be available live and by replay one hour after the live event for approximately 90 days. The webcast presentation will also be available on the Investor Relations section of CPI Aero’s website, www.cpiaero.com.

 

March 6, 2014

CPI Aerostructures Announces 2013 Year-End Results

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced financial results for the 2013 fourth quarter and year ended December 31, 2013. Fourth Quarter 2013 vs. Fourth Quarter 2012 Revenue was $21,285,992, compared to $27,356,029; Gross margin was 24.8%, compared to 28.1%; Pre-tax income was $3,376,242, compared to $5,765,354; and, Net income was $2,370,242, or $0.28 per diluted share, compared to $3,600,354, or $0.43 per diluted share.  
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March 6, 2014

CPI Aerostructures Names Douglas J. McCrosson President
and CEO

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that long-time CPI Aero executive and Chief Operating Officer Douglas J. McCrosson has been named President and Chief Executive Officer effective today, March 6, 2014. Mr. McCrosson has also been appointed to the Company’s board of directors.   read more

 

February 25, 2014

CPI Aerostructures to Report 2013 Fourth Quarter Financial Results and Conduct Conference Call on Thursday, March 6th

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it will issue its financial results for the fourth quarter and year ended December 31, 2013 on Thursday, March 6, 2014 prior to the opening of the stock market.   read more

 

January 29, 2014

CPI Aero Announces $14 Million in Purchase Orders for Wing Kits from Northrop Grumman Corporation

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that it received orders totaling approximately $14 million from Northrop Grumman Corporation (NYSE:NOC) for Outer Wing Panel (OWP) kits. The kits are for use in the manufacture of complete wings for the C-2 Greyhound and the Japan Air Self-Defense Force E-2C airborne early warning and control aircraft. The C-2 Greyhound’s primary mission is to transport high-priority cargo, critical aircraft parts, mail and passengers to deployed Carrier Strike Groups.  
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January 28, 2014

CPI Aerostructures to Present at the Cowen and Company 35th Annual Aerospace/Defense & Transportation Conference on Wednesday, February 5th

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that its management will present at the Cowen and Company 35th Annual Aerospace/Defense Conference on Wednesday, February 5, 2014 at 10:30am ET at The InterContinental New York Barclay, in New York.

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January 9, 2014

CPI Aerostructures to Present at the Noble Financial Capital Markets Tenth Annual Equity Conference on Tuesday,
January 21st

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) ttoday announced that its management will present at the Noble Financial Capital Markets Tenth Annual Equity Conference on Tuesday, January 21, 2014 at 9:30 am ET at Club Med Sandpiper Bay, in South Florida.

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January 6, 2014

CPI Aero’s Total 2013 New Contract Awards Exceeded $122 Million, up 50% from 2012

Edgewood, NY – CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced today that in 2013 it received record new business awards from all customers totaling approximately $122.3 million. This total surpasses the previous record of $83.6 million established in 2011 and compares to $81.6 million in awards received in 2012.   read more

 

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