CPI Aerostructures Reports First Quarter 2023 Results
May 15, 2023 08:04 ET
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CPI Aerostructures, Inc.
First Quarter 2023 vs. First Quarter 2022 Revenue of $22.0 million compared to $20.1 million;Gross profit of $4.7 million compared to $3.4 million;Gross profit margin of 21.2% compared to 17.1%;Net...
CPI Aerostructures Awarded Follow-On Production Contract of Next Generation Jammer Mid-Band Program by Raytheon Technologies
May 08, 2023 16:05 ET
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CPI Aerostructures, Inc.
EDGEWOOD, N.Y., May 08, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced today that Raytheon Technologies authorized CPI Aero to begin...
CPI Aero Receives $7.1 Million Purchase Orders From U.S. Air Force for T-38 Aircraft Modification Kits
May 02, 2023 08:00 ET
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CPI Aerostructures, Inc.
EDGEWOOD, N.Y., May 02, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that it has been awarded multiple purchase orders totaling...
CPI Aerostructures Receives $3.6 Million Follow-on Orders for Welded Assemblies
April 19, 2023 16:05 ET
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CPI Aerostructures, Inc.
EDGEWOOD, N.Y., April 19, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that it has received follow-on orders for complex welded...
CPI Aerostructures Reports Fourth Quarter and Full Year 2022 Results
April 14, 2023 16:55 ET
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CPI Aerostructures, Inc.
Fourth Quarter 2022 vs. Fourth Quarter 2021 Revenue of $24.1 million compared to $26.4 million;Gross profit of $3.9 million compared to $2.8 million;Gross margin of 16.1% compared to 10.8%;Net income...
CPI Aero Receives $1.8M Follow-On Order for Welded Fluid Tank Assemblies
January 05, 2023 08:00 ET
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CPI Aerostructures, Inc.
EDGEWOOD, N.Y., Jan. 05, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (CPI Aero® or the Company) (NYSE American: CVU) announced today that an undisclosed aerospace OEM has awarded CPI Aero a...
CPI Aero Receives New Multi-Year Agreement and $7.5 Million Firm Order for Airborne Reconnaissance Pods From Collins Aerospace
November 30, 2022 08:00 ET
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CPI Aerostructures, Inc.
EDGEWOOD, N.Y., Nov. 30, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (CPI Aero® or the Company) (NYSE American: CVU) today announced that it has entered into a pricing agreement with Collins...
CPI Aerostructures Reports Third Quarter and Nine Month 2022 Results
November 21, 2022 08:00 ET
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CPI Aerostructures, Inc.
Third Quarter 2022 vs. Third Quarter 2021 Revenue of $20.2 million compared to $23.9 million;Gross profit of $5.3 million compared to $3.7 million;Gross margin of 26.4% compared to 15.3%;Net income...
Sikorsky Awards Five-Year Contract to CPI Aerostructures
November 15, 2022 16:05 ET
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CPI Aerostructures, Inc.
EDGEWOOD, N.Y., Nov. 15, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (CPI Aero®) (NYSE American: CVU) today announced that it has been awarded a five-year, indefinite delivery indefinite...
CPI Aerostructures Receives $4.4M Order From Embraer for Engine Inlet Assemblies
October 26, 2022 16:05 ET
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CPI Aerostructures, Inc.
EDGEWOOD, N.Y., Oct. 26, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero” or the “Company”) (NYSE American: CVU) announced that Embraer S.A. of Brazil (NYSE: ERJ) has placed several...