CPI Aero receives $17.7M contract for S92 structures

CPI Aero receives $17.7M contract for S92 structures

7-Feb-2011 Source: CPI Aero

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 including door assemblies, cover assemblies, and various installation kits that contain detail parts and installation hardware used by Sikorsky to complete the final assembly of the S-92 helicopter, the Company noted. Each of the deliverable items are currently produced by CPI Aero for Sikorsky under separate purchase orders and were incorporated into this new five year contract to cover Sikorksy’s anticipated requirements for these items through 2016.

The S-92 helicopter is a technological aircraft in Sikorsky’s civil product line. CPI Aero said that the S-92 fleet spans several countries, and performs a number of missions, including Offshore Oil, Corporate VIP, Head of State and Search and Rescue.

“We are very proud that Sikorsky, one of the world’s leading helicopter manufacturers, has once again selected us to provide important assemblies for its production requirements,” stated Edward J. Fred, CPI Aero’s CEO & President. “This $17.7 million award is the largest contract CPI Aero has ever received from Sikorsky and validates the importance of our recent recognition as a UTC/Sikorsky Gold Supplier.”

Sikorsky Aircraft Corp. is a company focusing on helicopter design, manufacturing, and service. United Technologies Corp. provides a broad range of high-technology products and support services to the aerospace and building systems industries.

CPI Aero is engaged in the contract production of structural and other aircraft parts for prime defense contractors, the U.S. Air Force, and other branches of the armed forces. In conjunction with its assembly operations, CPI Aero provides engineering, technical and program management services.

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