# CPI Aerostructures secures $5M funding for Northrop Grumman contract

CPI Aerostructures secured $5 million in long lead funding, anticipating over $20 million in purchase orders from Northrop Grumman for Outer Wing Panel components for the E-2D Advanced Hawkeye aircraft. This increases the total value of their multi-year contract to over $70 million.

- Type: Contract
- Announced: 2020-06-25
- Value: $5.00M
- Status: announced
- Products: Outer Wing Panel components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [CPI Aerostructures](https://endata.com/companies/21504.md)
- [Northrop Grumman](https://endata.com/companies/6849.md) (customer)

## Sources

- [stocktitan.net](https://www.stocktitan.net/news/CVU/page-12.html), 2020-06-25: "CPI Aerostructures (CVU) secured $5 million in long lead funding, anticipating over $20 million in purchase orders from Northrop Grumman for Outer Wing Panel components for the E-2D Advanced Hawkeye aircraft."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.