CPI AERO RECEIVES $5.6 MILLION PURCHASE ORDER FROM U.S. AIR FORCE FOR T-38 AIRCRAFT MODIFICATION KITS
CPI Aerostructures, Inc. (CVU)
NASDAQ:AMEX Investor Relations:
cpiaero.com
Company Research
Source: GlobeNewswire
EDGEWOOD, N.Y., March 30, 2020 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (CPI Aero®) (NYSE American: CVU) today announced that it has been awarded a $5.6 million purchase order under a previously announced contract from the U. S. Air Force (the “Air Force”) to provide structural modification kits, program management, logistics, and other sustainment services in support of Phase 3 of the T-38C Pacer Classic III Fuselage Structural Modification Kit Integration program (“PCIII”) and the Talon Repair Inspection and Maintenance (“TRIM”) program. In July 2019, the Company announced the PCIII and TRIM contract valued at up to $65.7 million. In February 2020, the Company announced a $4.5 million purchase order for these kits. The new purchase order brings the total funded value of the contract to $13.8 million and extends the currently funded period of performance into 2023. The Northrop T-38 has been the principal supersonic jet trainer used by the Air Force for more than 50 years. P
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News
- CPI Aerostructures, Inc. (NYSE: CVU) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- CPI Aerostructures Reports Third Quarter and Nine Month 2024 ResultsGlobeNewswire
- CPI Aerostructures, Inc. (NYSE: CVU) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- CPI Aerostructures, Inc. (NYSE: CVU) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- CPI Aerostructures, Inc. (NYSE: CVU) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
CVU
Sec Filings
- 11/20/24 - Form 4
- 11/18/24 - Form 8-K
- 11/18/24 - Form 4
- CVU's page on the SEC website