CPI Aerostructures, Inc. (“CPI Aero”) (NYSE American: CVU) announced that it has received purchase orders totaling approximately $14 million from Sikorsky, a Lockheed Martin Company, for Hover Infrared Suppression System (HIRSS) module assemblies for use as spares on older variants of the UH-60 Black Hawk helicopter. Deliveries under these orders will commence in 2020 and be completed in 2022.
As previously disclosed, the company received purchase orders totaling approximately $8.0 million in October 2018 for HIRSS systems from Sikorsky for the Black Hawk. Deliveries under the October 2018 orders will commence before the end of 2019 and continue into 2021.
The HIRSS is a defensive countermeasures system that is integral to the survival of the UH-60 Black Hawk by reducing the opportunity for an infrared-seeking threat system to acquire, lock onto, track, and destroy the helicopter.
“With more than 4,000 UH-60s deployed worldwide, HIRSS provides critical support to our Army aviators and keeps them safe. In addition, over the past six months, we have received more than $22 million in orders for our HIRSS module assemblies, demonstrating the importance of this platform as a source of near-term opportunities for CPI Aero,” stated Douglas McCrosson, president and CEO of CPI Aerostructures.
- Sikorsky awarded $13M contract for UH-60M Black Hawk
- VMM-163 launch oceanographic sensors from MV-22B Osprey
- Kaman announces date for 2020Q3 earnings
- CPI Aerostructures Receives Orders Totaling $1.4M
- Liaoning accelerates the construction of aviation fire emergency rescue system
- Mountain Area Medical Airlift adds EC145e to fleet
- Bell Delivers Three B407GXis to Polish National Police
- SH09 third prototype achieved several firsts
- Spanish operator Helity adds new scheduled route
- THC wins AW139 contract from Red Sea Development Company
- Russia to open military office in Serbia
- US DoD picks Sea Machines for autonomous VTOL replenishment vessels
- Taiwan Police seize unregistered Robinson R22
- Blackjacks test MV-22s on LPD-class ship
- Genesys Aerosystem’s Modernized Avionics Suite on Black Hawks Now Certified
- Trinidad & Tobago Air Guard to reactivate one of four AW139s
- ATSB reminds pilots of Low Rotor RPM response time
- Former Bristow Nigeria employees in court on parts theft charges
- Ace Aeronautics opens paint booth and media blast facility
- Uber Elevate teams with GE Aviation for flight data monitoring