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Stock impact report

CPI Aerostructures Receives $3.1M Order From Embraer for Engine Inlet Assemblies

CPI Aerostructures, Inc. (CVU) 
NASDAQ:AMEX Investor Relations: cpiaero.com
Company Research Source: GlobeNewswire
EDGEWOOD, N.Y., June 10, 2024 (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 additional orders against a previously announced Long Term Agreement to manufacture engine inlet assemblies for the Embraer Phenom 300 business jets. These new orders will see deliveries continue through mid-2025. “We are proud to be part of the successful Phenom 300 program. Earlier this year we delivered our 800th shipset of Phenom 300 Engine Inlets to Embraer. These follow-on orders are a testimony of CPI Aero team’s performance that continues to deliver high quality inlets to this long standing customer, demonstrating our strength in structural assembly & integration in the aerospace industry,” stated Dorith Hakim, CPI Aero’s CEO & President. About CPI AeroCPI Aero is a U.S. manufacturer of structural assemblies for fixed wing aircraft, helicopters and airborne Intelligence Surveil Show less Read more
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