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Cpi-aero

CPI Aerostructures Signs $8.2 Million Agreement With Sikorsky

CPI Aerostructures Signs $8.2 Million Agreement With Sikorsky

CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American:CVU) announced today that it has signed a long term supply agreement with Sikorsky, a Lockheed Martin company (NYSE:LMT), to manufacture gunner window assemblies for the UH-60M Black Hawk helicopter. This long-term agreement is valued at up to approximately $8.2 million for a period of five years, beginning in 2018… Read more »

Source: CPI Aerostructures, 25-Sep-17

CPI Aero Signs Supply Agreement with Sikorsky

CPI Aero Signs Supply Agreement with Sikorsky

CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE MKT:CVU) announced today that it has signed a long-term supply agreement with Sikorsky, a Lockheed Martin company (NYSE:LMT), to manufacture fuel panel assemblies for the UH-60M Black Hawk helicopter. This long-term agreement is valued at up to approximately $21 million for a period of five years, beginning in 2018… Read more »

Source: CPI Aero, 24-Jul-17

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CPI Aerostructures Receives Follow-On Order from Sikorsky for S-92 Helicopter

CPI Aerostructures Receives Follow-On Order from Sikorsky for S-92 Helicopter

CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE MKT: CVU) announced today that it has entered into a long term, follow-on contract with Sikorsky, a Lockheed Martin Company, to provide structural assemblies and kits for the S-92® helicopter program. Under the terms of the agreement, CPI Aero will provide 15 different deliverable items including door assemblies, cover… Read more »

Source: CPI Aero, 08-Jun-17

CPI Aerostructures Announces MH-53E Sea Dragon Component MRO Contract From Sikorsky Aircraft

CPI Aerostructures Announces MH-53E Sea Dragon Component MRO Contract From Sikorsky Aircraft

CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE MKT: CVU) announced today that it has received a contract from Sikorsky, a Lockheed Martin Company (NYSE: LMT), to provide maintenance repair and overhaul services for tow hook assemblies used on the MH-53E Sea Dragon, the U.S. Navy’s primary airborne mine countermeasures aircraft. CPI Aero will tear down, inspect,… Read more »

Source: CPI Aerostructures, 30-May-17

CPI Aero Awarded Contract for AH-1Z Viper

CPI Aero Awarded Contract for AH-1Z Viper

CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE MKT: CVU) announced today that it has received an indefinite-delivery/indefinite-quantity (IDIQ) contract from Bell Helicopter, a Textron Inc. (NYSE: TXT) company, for the manufacture of engine cowl assemblies and support assemblies for the AH-1Z Viper attack helicopter. The contract has a potential value of $14.8 million based on the… Read more »

Source: CPI Areo, 18-Jan-17

CPI Aero appoints former Sikorsky Corporate President to Board

CPI Aero appoints former Sikorsky Corporate President to Board

CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE MKT: CVU) today announced that Carey E. Bond, former corporate president at Sikorsky Aircraft, a Lockheed Martin Company, has been appointed to the company’s board of directors, effective immediately. Mr. Bond brings more than three decades of experience in corporate development, strategic planning and international business development in complex… Read more »

Source: CPI Aero, 19-Dec-16

CPI Aero Awarded $5M CH-148 Contract

CPI Aero Awarded $5M CH-148 Contract

CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE MKT: CVU) today announced that Sikorsky, a Lockheed Martin Company (NYSE: LMT), has awarded CPI Aero purchase orders valued at approximately $5 million to manufacture the weapon pylon for the Sikorsky CH-148 Cyclone, a twin-engine, multi-role shipboard helicopter being manufactured by Sikorsky for the Royal Canadian Air Force (RCAF)…. Read more »

Source: CPI Aero, 05-Oct-16

CPI Aero to Participate at Upcoming Investor Conferences

CPI Aero to Participate at Upcoming Investor Conferences

CPI Aerostructures, Inc. (CPI Aero®) (NYSE MKT: CVU) today announced that management will participate in two investor conferences: Jefferies 12th Annual Industrials Conference in New York City on August 9. Management is scheduled to participate in a fireside chat at 3:20 PM ET and will hold one-on-one meetings with investors throughout the day. Canaccord Genuity… Read more »

Source: CPI Aero, 31-Jul-16

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Sikorsky supplier CPI Aero to Participate at in B. Riley Investor Conference

Sikorsky supplier CPI Aero to Participate at in B. Riley Investor Conference

CPI Aerostructures, Inc. (CPI Aero®) (NYSE MKT: CVU) today announced, that its Chief Financial Officer, Vincent Palazzolo will present at the 17th Annual B. Riley Investor Conference in Los Angeles on Thursday, May 26, 2016. Mr. Palazzolo is scheduled to present at 11:00 AM PT and will hold one-on-one meetings at the conference throughout the… Read more »

Source: CPI Aero, 18-May-16

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Northrop Grumman contract CPI Aero for MH-60S Airborne Laser Mine Detection System

Northrop Grumman contract CPI Aero for MH-60S Airborne Laser Mine Detection System

CPI Aerostructures, Inc. (CPI Aero(R)) (NYSE MKT: CVU) has been awarded a $1.21 million contract by Northrop Grumman Corporation (NYSE: NOC) to manufacture pod structural housings for the Airborne Laser Mine Detection System (ALMDS). The contract includes options which, if exercised, would bring the cumulative value to $6.75 million. In December 2014, the U.S. Navy… Read more »

Source: CPI Aero, 25-Mar-15

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CPI Aero to Present at the Noble Financial Capital Markets Conference

CPI Aero to Present at the Noble Financial Capital Markets Conference

CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE MKT: CVU) today announced that its management will present at the Noble Financial Capital Markets Eleventh Annual Equity Conference on Tuesday, January 20, 2015 at 2:30 pm ET at Club Med Sandpiper Bay, in South Florida. Investors will be able to access the live video webcast of the presentation… Read more »

Source: CPI Aero, 13-Jan-15

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CPI Aero adds former Bell CEO to Board

CPI Aero adds former Bell CEO to Board

CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE MKT: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. Mr. Stinson brings over 45 years of executive leadership in the aerospace and defense industry. Since 2007, Terry was a senior executive with… Read more »

Source: CPI Aero, 18-Jun-14

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CPI Aero to build CH-53K structures for Spirit AeroSystems

CPI Aero to build CH-53K structures for Spirit AeroSystems

CPI Aerostructures, Inc. (CPI Aero(R)) (NYSE MKT:CVU) announced that it has been selected by Spirit AeroSystems, Inc. (Spirit) (NYSE: SPR) to manufacture structural assemblies for four CH-53K heavy lift helicopter System Demonstration Test Articles (SDTA). Spirit will produce the four additional SDTA cockpit and cabin components of the CH-53K for its prime contractor Sikorsky Aircraft… Read more »

Source: CPI Aero, 09-Sep-13

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CPI Aero awarded five-year $47M contract for UH-60 fuel panel assemblies

CPI Aero awarded five-year $47M contract for UH-60 fuel panel assemblies

CPI Aerostructures, Inc. (CPI Aero(R)) (NYSE MKT: CVU) announced today that it has been selected by Sikorsky Aircraft Corp. (Sikorsky) to manufacture fuel panel assemblies for the H-60 BLACK HAWK helicopter. Sikorsky Aircraft Corp. is a subsidiary of United Technologies Corp. (NYSE: UTX). This long-term agreement is valued at approximately $47 million for a period… Read more »

Source: CPI Aero, 31-Jul-13

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CPI Aero wins $3.95M more work for AH-1Z

CPI Aero wins $3.95M more work for AH-1Z

CPI Aerostructures, Inc. (“CPI Aero(R)”) (nyse mkt:CVU) announced today that it has received an extension, through 2015, to its existing General Ordering Agreement with Bell Helicopter, a Textron Inc. TXT +0.07%  company, that adds additional delivery requirements totaling $3.95 million for the manufacture of various assemblies for the AH-1Z ZULU attack helicopter. The AH-1Z ZULU… Read more »

Source: CPI Aero, 15-May-13

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CPI Aero wins $5.3M contract to overhaul/repair H-60 stabilator units

CPI Aero wins $5.3M contract to overhaul/repair H-60 stabilator units

CPI Aerostructures, Inc. (CPI Aero®) (NYSE MKT: CVU) has been selected by Sikorsky Aerospace Services (SAS) to overhaul and repair (O&R) outboard stabilator assemblies for the H-60 SEAHAWK®helicopter. SAS is the worldwide aftermarket business of Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp. (NYSE: UTX). CPI Aero will inspect, overhaul and repair stabilator assemblies… Read more »

Source: CPI Aero, 20-Dec-12

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CPI Aero awarded Supplier Gold Status from Sikorsky

CPI Aero awarded Supplier Gold Status from Sikorsky

CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE Amex: CVU) announced today that Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp. (NYSE: UTX), has awarded CPI Aero its Supplier Gold status. UTC’s Supplier Gold program recognizes superior performance in quality, delivery, lean manufacturing and customer satisfaction. CPI Aero has manufactured complex structural assemblies for various models… Read more »

Source: CPI Aero, 11-Dec-12

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CPI Aero signs long term Black Hawk gunner window assemblies contract

CPI Aero signs long term Black Hawk gunner window assemblies contract

CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE MKT: CVU) announced today that it has received a long term agreement from Sikorsky Aircraft Corp.to manufacture gunner window assemblies for the BLACK HAWK helicopter for a period of five years. The windows are of two-piece construction located just behind the pilot seat on each side of the aircraft. They slide… Read more »

Source: CPI Aero, 13-Sep-12

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CPI Aero to present at Noble Financial Capital Markets conference

CPI Aero to present at Noble Financial Capital Markets conference

CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE Amex: CVU) today announced that its President & CEO, Edward Fred, will present at the Noble Financial Capital Markets Eighth Annual Equity Conference on Tuesday, January 17, 2012 at 10:30 am ET at the Hard Rock Hotel & Casino, in Hollywood, FL. Investors will be able to access the… Read more »

Source: CPI Aero, 11-Jan-12

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CPI Aero completes move to new larger HQ

CPI Aero completes move to new larger HQ

CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE Amex:CVU) today announced that it has completed the move to a new 171,000 square foot facility, located at 91 Heartland Boulevard, Edgewood, New York two weeks ahead of schedule. The new location, which is nearly three times the size of the former one, is being used as the Company’s assembly facility, principal offices… Read more »

Source: CPI Aero, 21-Dec-11

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CPI Aero wins $2.3M contract for Black Hawk gunner windows

CPI Aero wins $2.3M contract for Black Hawk gunner windows

CPI Aerostructures, Inc. (“CPI Aero(R)”) CVU -0.09% announced today that it has received a schedule agreement from Sikorsky Aircraft Corp. valued at up to approximately $2.3 million to manufacture gunner window assemblies for the BLACK HAWK helicopter. Sikorsky is a business unit of United Technologies Corp. UTX -2.87% . This new agreement is a follow-on… Read more »

Source: CPI Aero, 17-Oct-11

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CPI Aero wins $1.4M in new orders from Bell

CPI Aero wins $1.4M in new orders from Bell

CPI Aerostructures, Inc. (“CPI Aero(R)”) announced today that it has received new purchase orders totaling $1.4 million from Bell Helicopter, a Textron Inc. company, for the manufacture of various assemblies for the AH-1Z ZULU attack helicopter. The new orders were for additional requirements to a contract CPI Aero announced in March 2011. Including the new… Read more »

Source: CPI Aero, 03-Oct-11

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CPI Aero announces results for FY2011 Q2 ended 30 June 2011

CPI Aero announces results for FY2011 Q2 ended 30 June 2011

CPI Aerostructures, Inc. (“CPI Aero(R)”) CVU -9.22% today announced record results for the 2011 second quarter and six months ended June 30, 2011. Second Quarter 2011 vs. 2010 — Revenue increased 38.9% to $17,426,223 from $12,544,625; — Gross margin was 24.4% compared to 26.7%; — Pre-tax income increased 14.7% to $2,094,816 compared to $1,826,254; and, — Net… Read more »

Source: CPI Aero, 10-Aug-11

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CPI Aero to report 2011Q2 results and hold concall on August 9th

CPI Aero to report 2011Q2 results and hold concall on August 9th

CPI Aerostructures, Inc. (“CPI Aero(R)”) (NYSE Amex: CVU) today announced that it will issue its financial results for the second quarter ended June 30, 2011 on Tuesday, August 9, 2011 prior to the opening of the stock market. CPI Aero’s President & CEO, Edward J. Fred and CFO, Vincent Palazzolo will host a conference call… Read more »

Source: CPI Aero, 03-Aug-11

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Sikorsky supplier CPI Aero signs lease for triple-size building

Sikorsky supplier CPI Aero signs lease for triple-size building

CPI Aerostructures, Inc. (“CPI Aero”) announced that on June 30, 2011 it entered into a lease agreement, with Heartland Boys II L.P. for the premises located at 91 Heartland Boulevard, Edgewood, New York, directly across the street from CPI Aero’s current location. The approximate 171,000 square foot building will be used as the Company’s assembly… Read more »

Source: CPI Aero, 12-Jul-11

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CPI Aero wins $2.85M Black Hawk spares contract

CPI Aero wins $2.85M Black Hawk spares contract

CPI Aero announced today that it has entered into a five year agreement covering up to $9.2 million in structural assemblies to be supplied to Sikorsky Aircraft Corp. for use as spares for its BLACK HAWK(R) military helicopter. The initial purchase order under this agreement is for $2.85 million. Delivery is expected to begin in… Read more »

Source: CPI Aero, 27-May-11

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CPI Aero announces order from Bell for AH-1Z structural panels

CPI Aero announces order from Bell for AH-1Z structural panels

CPI Aerostructures, Inc. (“CPI Aero(R)”) (NYSE Amex: CVU) announced today that it has received a purchase order from Bell Helicopter, a Textron Inc. (NYSE: TXT) company, for the manufacture of various structural panel assemblies for the AH-1Z ZULU attack helicopter. The ZULU is a twin-engine attack helicopter used by the United States Department of Defense…. Read more »

Source: CPI Aero, 16-Mar-11

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CPI Aero to present at Roth Capital Partners OC Growth Stock Conference

CPI Aero to present at Roth Capital Partners OC Growth Stock Conference

CPI Aerostructures, Inc. announced that its President & CEO, Edward Fred, will be addressing institutional investors at the Roth Capital Partners 23rd Annual OC Growth Stock Conference on Monday, March 14, 2011 at 1:00 pm PT / 4:00 pm ET at the Ritz Carlton Laguna Niguel in Dana Point, CA. Investors will be able to… Read more »

Source: CPI Aero, 06-Mar-11

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CPI Aero receives $17.7M contract for S92 structures

CPI Aero receives $17.7M contract for S92 structures

CPI Aerostructures, Inc. (CPI Aero) announced that it has entered into a long term contract for a period of five years covering $17.7 million in structural assemblies and kits to be supplied to Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp., for its S-92 civil helicopter program. The contract includes seventeen different deliverable items… Read more »

Source: CPI Aero, 07-Feb-11

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CPI Aero announces $17.7M contract for S92 structures

CPI Aero announces $17.7M contract for S92 structures

CPI Aerostructures announced today that it has entered into a long term contract for a period of five years covering $17.7 million in structural assemblies and kits to be supplied to Sikorsky Aircraft Corp. for its S-92 civil helicopter program. Sikorsky is a subsidiary of United Technologies Corp. (NYSE: UTX). The contract includes seventeen different… Read more »

Source: CPI Aero, 03-Feb-11

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CPI Aero wins $2M contract for Black Hawk gunner windows

CPI Aero wins $2M contract for Black Hawk gunner windows

CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE Amex: CVU) announced today that it has received a schedule agreement from Sikorsky Aircraft Corp. valued at up to approximately $2 million to manufacture gunner window assemblies for the BLACK HAWK helicopter. Sikorsky is a business unit of United Technologies Corp. (NYSE: UTX). The windows are a two piece… Read more »

Source: CPI Aero, 17-Dec-10

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CPI Aero awarded Supplier Gold Status from Sikorsky

CPI Aero awarded Supplier Gold Status from Sikorsky

EDGEWOOD, N.Y., Nov 01, 2010 — CPI Aerostructures, Inc. (“CPI Aero(R)”) (CVU 11.38, +0.26, +2.34%) announced today that Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp. (UTX 74.64, -0.13, -0.17%) , has awarded CPI Aero its Supplier Gold status. UTC’s Supplier Gold program recognizes superior performance in quality, delivery, lean manufacturing and customer satisfaction…. Read more »

Source: CPI Aero, 01-Nov-10

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CPI Aero wins $1.2M MH-53E contract from Sikorsky

CPI Aero wins $1.2M MH-53E contract from Sikorsky

CPI Aerostructures, Inc. (“CPI Aero(R)”) announced today that it has received a contract from Sikorsky Aerospace Services valued at $1.2 million to provide tow assemblies for the MH-53E “Sea Dragon” helicopter. Delivery of these assemblies, which will be used as spares, will begin in late 2010. Sikorsky Aerospace Services is the worldwide aftermarket division of… Read more »

Source: CPI Aero, 11-Jun-10

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CPI Aero announces $708K CH-53 contract from Sikorsky

CPI Aero announces $708K CH-53 contract from Sikorsky

CPI Aerostructures, Inc. (“CPI Aero(R)”)   announced today that it has received a contract from Sikorsky Aerospace Services valued at approximately $708,000 to provide rotary wing head ring assemblies for the MH-53 and CH-53 variant helicopters. Sikorsky Aerospace Services is the worldwide aftermarket division of Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp. The ring… Read more »

Source: CPI Aero, 09-Jun-10

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CPI Aerostructures Announces $680K Order from Sikorsky

CPI Aerostructures Announces $680K Order from Sikorsky

CPI Aerostructures, Inc. (“CPI Aero(R)”) (CVU 9.19, -0.05, -0.54%)  announced today that it has received a purchase order from Sikorsky Aircraft Corporation valued at approximately $680,000 for the S-70B(R) SEAHAWK(R) helicopter. CPI Aero will be providing Penguin Missile Launcher assemblies. Delivery of these parts will begin in early 2011. Sikorsky is a subsidiary of United… Read more »

Source: CPI Aero, 14-May-10

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