CPI Aero wins $43.1M orders from Northrop Grumman for E-2D wing kits

CPI Aerostructures has won multiple purchase orders from Northrop Grumman worth $43.1 million to provide outer wing panel kits for the E-2D Advanced Hawkeye aircraft. Combined with a prior order, the total value of firm orders under the multi-year contract is nearly $51 million.

“Work under these new orders has already commenced with the vast majority of revenue expected to be recognised in 2020 and 2021 with deliveries scheduled through 2023.”naval-technology.com

• 1 source
• naval-technology.comCPI Aero wins orders from Northrop Grumman for outer wing panel kitsShivangiJun 17, 2020

Summarized from public sources; check the original articles before acting on it.