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Stock impact report

CPI AEROSTRUCTURES IS DEEMED EXEMPT FROM NEW YORK STATE ‘WORK FROM HOME’ MANDATE

CPI Aerostructures, Inc. (CVU) 
NASDAQ:AMEX Investor Relations: cpiaero.com
Company Research Source: GlobeNewswire
Department of Defense Declares Defense Contractors ‘Critical Infrastructure’  EDGEWOOD, N.Y., March 24, 2020 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (CPI Aero®) (NYSE American: CVU) (the “Company”) today announced that it has been classified as an ‘essential business’ by New York State and is, therefore, exempt from the state’s mandate that all non-essential New York businesses close until further notice. The New York State exemption follows the statement issued by the Under Secretary of Defense for Acquisition and Sustainment on March 20, 2020 declaring that defense contractors are ‘critical infrastructure’ to national security. "The well-being of our employees is our top priority, and, to that end, we have taken steps to safeguard their health in compliance with recommendations and protocols established by public health organizations and state and local public health departments. While we continue to monitor ever changing impacts from COVID-19, I want to recognize the dedic Show less Read more
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